LONDON (dpa-AFX) - Premier Foods plc (PFD.L) said the Group delivered a strong trading performance in its third quarter, with sales growth of 12% from last year. The Grocery business sales increased by 17.4%. Sweet Treats sales were down 0.9%. International sales increased by 10% reflecting growth of Sharwood's and Mr Kipling, notably in Canada and Europe.
Premier Foods also announced proposed closure of loss-making Knighton manufacturing site. Knighton manufactures predominantly non-branded powdered beverages.
Looking forward, Premier Foods said it remains well on track to deliver on expectations for the current fiscal year. In the medium-term, the Group expects to make further significant strategic progress, through delivery of five pillar growth strategy.
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