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Latest Industry News from Food Management Today

Premier Foods to focus on reducing net debt

Premier Foods to focus on reducing net debt

Mr Kipling owner Premier Foods posted its preliminary results ending 30th March 2019, which revealed a £42.7m statutory loss and a net debt of £469.9 million. Results show a trading profit growth of 4.5% to £128.5m, and profit before tax up 12.1% to £88 million. It...

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Walmart considering listing Asda on the stock market

Walmart considering listing Asda on the stock market

Following the blocked merger with Sainsbury's, Walmart is considering listing Asda on the stock market at some point in the future. Asda is owned by Walmart and its chief executive, Judith McKenna, is said to have told personnel that such listing is being considered....

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Get more info about the FMT Food Industry Awards

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