Home cook­ing is tasty for Mr Ki­pling owner

The Daily Telegraph - Business - - Business -

◆ Mr Ki­pling owner Premier Foods hailed a jump in sales dur­ing its first quar­ter as house­holds con­tin­ued to cook at home dur­ing lock­down,

Han­nah Ut­t­ley.

The group, which also owns Bisto gravy and An­gel De­light, re­ported a 22.5pc sales rise in the 13 weeks to June 27, bol­stered by strong de­mand for gro­cery brands such as Oxo and Shar­wood’s.

Premier Foods said sales within its gro­cery di­vi­sion soared 39pc as two mil­lion new house­holds bought its Shar­wood’s cook­ing sauces and curry pastes.

The com­pany said sec­ond-quar­ter sales had seen a strong start but ad­mit­ted this was likely to nor­malise over the com­ing months as peo­ple started to eat out at restau­rants again.

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