Cash flow Premier Foods plc

Stocks

PFD

GB00B7N0K053

Food Processing

Market Closed - London S.E. Other stock markets 16:35:24 15/06/2026 BST			5-day change	1st Jan Change
203.00 ^GBX	-1.46%		+2.32%	+17.61%

05-15	Berenberg Tweaks Premier Foods Estimates, Price Target After Upbeat FY26 Results	MT
05-15	WINNERS & LOSERS: Miners slide; Centrica to pay GBP20 million to Ofgem	AN

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Published financial data: PREMIER FOODS PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	900M	1.01B	1.14B	1.15B	1.18B
Total Revenues	900M	1.01B	1.14B	1.15B	1.18B
Cost of Goods Sold, Total	573M	648M	705M	710M	721M
Gross Profit	327M	358M	432M	439M	455M
Selling General & Admin Expenses, Total	196M	227M	251M	258M	254M
Other Operating Expenses	-	-3.8M	-	-	-
Other Operating Expenses, Total	196M	223M	251M	258M	254M
Operating Income	131M	135M	181M	181M	201M
Interest Expense, Total	-20.9M	-21.7M	-30.4M	-26.6M	-26.1M
Interest And Investment Income	300K	800K	3.6M	6M	7.1M
Net Interest Expenses	-20.6M	-20.9M	-26.8M	-20.6M	-19M
Other Non Operating Income (Expenses)	1.1M	1.1M	500K	800K	100K
EBT, Excl. Unusual Items	112M	115M	155M	161M	182M
Restructuring Charges	-	-	-1.6M	-	-
Merger & Related Restructuring Charges	-	-2.7M	-1.8M	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Other Unusual Items	-9M	-	-	-	-
EBT, Incl. Unusual Items	103M	112M	151M	161M	182M
Income Tax Expense	25.1M	20.8M	38.9M	36.4M	45.3M
Earnings From Continuing Operations	77.5M	91.6M	112M	125M	137M
Net Income to Company	77.5M	91.6M	112M	125M	137M
Net Income - (IS)	77.5M	91.6M	112M	125M	137M
Net Income to Common Incl Extra Items	77.5M	91.6M	112M	125M	137M
Net Income to Common Excl. Extra Items	77.5M	91.6M	112M	125M	137M
Per Share Items
Net EPS - Basic	0.09	0.11	0.13	0.14	0.16
Basic EPS - Continuing Operations	0.09	0.11	0.13	0.14	0.16
Basic Weighted Average Shares Outstanding	859M	861M	862M	874M	872M
Net EPS - Diluted	0.09	0.1	0.13	0.14	0.16
Diluted EPS - Continuing Operations	0.09	0.1	0.13	0.14	0.16
Diluted Weighted Average Shares Outstanding	876M	881M	884M	885M	882M
Normalized Basic EPS	0.08	0.08	0.11	0.12	0.13
Normalized Diluted EPS	0.08	0.08	0.11	0.11	0.13
Dividend Per Share	0.01	0.01	0.02	0.03	0.03
Payout Ratio	10.97	11.24	11.02	11.93	17.72
American Depositary Receipts Ratio (ADR)	5	5	5	5	5
Supplemental Items
EBITDA	168M	174M	220M	219M	241M
EBITA	151M	156M	202M	202M	222M
EBIT	131M	135M	181M	181M	201M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	24.46	18.51	25.69	22.57	24.9
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	6.4M	8.1M	14M	8.5M	13.6M
Total Deferred Taxes	18.7M	12.7M	24.9M	27.9M	31.7M
Normalized Net Income	69.75M	71.94M	96.75M	101M	114M
Interest on Long-Term Debt	20.6M	14M	14.1M	14.2M	14.3M
Non-Cash Pension Expense	-3.9M	-17.7M	-31.6M	-19.8M	-28M
Supplemental Operating Expense Items
Selling and Marketing Expenses	133M	142M	179M	174M	176M
General and Administrative Expenses	62.6M	85.1M	72.4M	83.7M	78.3M
Research And Development Expense From Footnotes	7.8M	8.5M	9.2M	9.5M	9.2M
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	28.4M	31.6M	36.1M	35.9M	34.5M
Stock-Based Comp., Other (Total)	3.4M	4.6M	4.4M	4.6M	4.7M
Total Stock-Based Compensation	3.4M	4.6M	4.4M	4.6M	4.7M

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	54.3M	64.4M	102M	192M	242M
Total Cash And Short Term Investments	54.3M	64.4M	102M	192M	242M
Accounts Receivable, Total	68.8M	67.9M	80.5M	75.3M	68.2M
Other Receivables	11.4M	17M	17.6M	21.8M	24.2M
Total Receivables	80.2M	84.9M	98.1M	97.1M	92.4M
Inventory	78.1M	93.7M	98.9M	102M	118M
Prepaid Expenses	16.3M	19M	17.6M	17.9M	22.3M
Other Current Assets, Total	2.4M	800K	-	100K	-
Total Current Assets	231M	263M	317M	408M	475M
Gross Property Plant And Equipment	470M	478M	496M	508M	504M
Accumulated Depreciation	-279M	-292M	-306M	-304M	-276M
Net Property Plant And Equipment	191M	186M	190M	204M	228M
Goodwill	646M	680M	703M	703M	736M
Other Intangibles, Total	294M	294M	290M	271M	270M
Deferred Tax Assets Long-Term	23.1M	22.4M	22.4M	16.7M	11.1M
Deferred Charges Long-Term	-	-	-	-	1.9M
Other Long-Term Assets, Total	1.15B	960M	810M	649M	502M
Total Assets	2.53B	2.41B	2.33B	2.25B	2.22B
Liabilities
Accounts Payable, Total	137M	141M	142M	140M	163M
Accrued Expenses, Total	75.1M	67.5M	74.3M	72.2M	63.6M
Short-term Borrowings	-	1M	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	328M
Current Portion of Leases	2.1M	2.1M	2.7M	1.9M	2M
Current Income Taxes Payable	6.6M	7.1M	9.2M	10.1M	8.8M
Unearned Revenue Current, Total	-	-	-	1M	1.1M
Other Current Liabilities	37.5M	53.5M	50.5M	44.6M	66.2M
Total Current Liabilities	259M	272M	278M	270M	632M
Long-Term Debt	323M	324M	326M	325M	-
Long-Term Leases	14M	11.2M	9.5M	8M	9M
Unearned Revenue Non Current	5.7M	4.7M	3.8M	1.8M	800K
Pension & Other Post Retirement Benefits	204M	195M	208M	-	-
Deferred Tax Liability Non Current	213M	178M	153M	178M	164M
Other Non Current Liabilities	8.3M	14.8M	26.4M	26.1M	7.5M
Total Liabilities	1.03B	1B	1.01B	810M	814M
Common Stock, Total	86.3M	86.8M	86.9M	86.9M	86.9M
Additional Paid In Capital	1.5M	2.5M	2.7M	2.7M	2.7M
Retained Earnings	1.08B	974M	899M	1.01B	982M
Comprehensive Income and Other	342M	342M	338M	338M	339M
Total Common Equity	1.51B	1.41B	1.33B	1.44B	1.41B
Total Equity	1.51B	1.41B	1.33B	1.44B	1.41B
Total Liabilities And Equity	2.53B	2.41B	2.33B	2.25B	2.22B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	860M	864M	864M	862M	860M
ECS Total Common Shares Outstanding	860M	864M	864M	862M	860M
Book Value / Share	1.75	1.63	1.54	1.67	1.64
Tangible Book Value	567M	431M	335M	468M	404M
Tangible Book Value Per Share	0.66	0.5	0.39	0.54	0.47
Total Debt	339M	339M	338M	335M	339M
Net Debt	285M	274M	236M	144M	97.1M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-945M	-766M	-602M	-649M	-502M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	18.5M	20.6M	18.5M	18.6M	17.7M
Inventories - Work In Process, Total	2.8M	3.5M	3.5M	2.9M	3.6M
Inventories - Finished Goods, Total	56.8M	69.6M	76.9M	80M	96.5M
Land - (BS)	101M	102M	104M	104M	100M
Machinery, Total	348M	355M	358M	369M	354M
Full Time Employees	4K	4K	4K	4.14K	4.38K
Accumulated Allowance for Doubtful Accounts (Supple)	2.6M	2.9M	2.5M	1.3M	2.1M

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	77.5M	91.6M	112M	125M	137M
Depreciation & Amortization - CF	19.2M	19.9M	19.5M	19.6M	20.6M
Amortization of Goodwill and Intangible Assets - (CF)	19.9M	20.7M	20.9M	20.5M	21M
Depreciation & Amortization, Total	39.1M	40.6M	40.4M	40.1M	41.6M
Amortization of Deferred Charges, Total - (CF)	9.2M	6.8M	6.7M	7.7M	8M
(Gain) Loss From Sale Of Asset	700K	300K	-200K	-200K	-1.1M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	-	3.6M	6.2M	-	-
Stock-Based Compensation (CF)	3.4M	4.6M	4.4M	4.6M	4.7M
Other Operating Activities, Total	26.6M	1.7M	8.2M	3.7M	1.6M
Change In Accounts Receivable	-13.1M	-1.9M	-16.9M	2.3M	8.4M
Change In Inventories	-9.3M	-12.4M	-7.5M	-2.6M	-12M
Change In Accounts Payable	4.1M	100K	10.4M	-8.2M	3.4M
Change in Other Net Operating Assets	-48.1M	-47.8M	-42.5M	-14.2M	-5.2M
Cash from Operations	90.1M	87.2M	122M	158M	186M
Capital Expenditure	-19.5M	-15.5M	-24.7M	-33.5M	-40.6M
Sale of Property, Plant, and Equipment	-	-	-	-	2M
Cash Acquisitions	-	-43.8M	-29.3M	-	-46.1M
Sale (Purchase) of Intangible assets	-3.7M	-4.5M	-8.1M	-7.9M	-11.3M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-23.2M	-63.8M	-62.1M	-41.4M	-96M
Long-Term Debt Issued, Total	330M	-	-	-	-
Total Debt Issued	330M	-	-	-	-
Long-Term Debt Repaid, Total	-323M	-2.3M	-1.8M	-2.7M	-2.8M
Total Debt Repaid	-323M	-2.3M	-1.8M	-2.7M	-2.8M
Issuance of Common Stock	1.7M	1.5M	300K	-	-
Repurchase of Common Stock	-400K	-2.5M	-6.3M	-9.9M	-12.4M
Common Dividends Paid	-8.5M	-10.3M	-12.4M	-14.9M	-24.2M
Common & Preferred Stock Dividends Paid	-8.5M	-10.3M	-12.4M	-14.9M	-24.2M
Other Financing Activities, Total	-13.2M	-700K	-500K	-	-
Cash from Financing	-13.7M	-14.3M	-20.7M	-27.5M	-39.4M
Net Change in Cash	53.2M	9.1M	38.9M	89.2M	50.6M
Supplemental Items
Cash Interest Paid	21.2M	20.4M	23.9M	26.6M	25.3M
Cash Income Tax Paid (Refund)	-	1.5M	4.4M	9.9M	14.4M
Levered Free Cash Flow	70.98M	93.95M	103M	98.36M	130M
Unlevered Free Cash Flow	81.94M	106M	120M	113M	144M
Change In Net Working Capital	26.4M	8.8M	9.8M	9.2M	-18M
Net Debt Issued / Repaid	6.7M	-2.3M	-1.8M	-2.7M	-2.8M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	3.41	3.41	4.78	4.94	5.61
Return on Total Capital	4.87	4.7	6.64	6.58	7.12
Return On Equity %	5.76	6.29	8.23	9.02	9.58
Return on Common Equity	5.76	6.29	8.23	9.02	9.58
Margin Analysis
Gross Profit Margin %	36.32	35.59	38	38.23	38.7
SG&A Margin	21.77	22.57	22.08	22.47	21.62
EBITDA Margin %	18.68	17.28	19.33	19.09	20.47
EBITA Margin %	16.77	15.46	17.76	17.55	18.87
EBIT Margin %	14.56	13.4	15.92	15.76	17.08
Income From Continuing Operations Margin %	8.61	9.1	9.89	10.87	11.62
Net Income Margin %	8.61	9.1	9.89	10.87	11.62
Net Avail. For Common Margin %	8.61	9.1	9.89	10.87	11.62
Normalized Net Income Margin	7.75	7.15	8.51	8.77	9.67
Levered Free Cash Flow Margin	7.88	9.34	9.06	8.56	11.02
Unlevered Free Cash Flow Margin	9.1	10.49	10.57	9.84	12.23
Asset Turnover
Asset Turnover	0.37	0.41	0.48	0.5	0.53
Fixed Assets Turnover	4.7	5.34	6.05	5.82	5.43
Receivables Turnover (Average Receivables)	14.97	14.72	15.33	14.75	16.38
Inventory Turnover (Average Inventory)	7.81	7.55	7.32	7.08	6.57
Short Term Liquidity
Current Ratio	0.89	0.97	1.14	1.51	0.75
Quick Ratio	0.52	0.55	0.72	1.07	0.53
Operating Cash Flow to Current Liabilities	0.35	0.32	0.44	0.58	0.29
Days Sales Outstanding (Average Receivables)	24.31	24.72	23.74	24.68	22.22
Days Outstanding Inventory (Average Inventory)	46.63	48.24	49.71	51.39	55.39
Average Days Payable Outstanding	82.3	76.36	72.43	72.08	74.86
Cash Conversion Cycle (Average Days)	-11.36	-3.4	1.02	3.99	2.75
Long Term Solvency
Total Debt/Equity	22.52	24.09	25.47	23.24	24.06
Total Debt / Total Capital	18.38	19.41	20.3	18.86	19.39
LT Debt/Equity	22.38	23.87	25.26	23.11	0.64
Long-Term Debt / Total Capital	18.26	19.24	20.13	18.75	0.51
Total Liabilities / Total Assets	40.52	41.56	43.1	35.96	36.61
EBIT / Interest Expense	6.27	6.22	5.96	6.81	7.69
EBITDA / Interest Expense	8.14	8.09	7.29	8.32	9.29
(EBITDA - Capex) / Interest Expense	7.21	7.37	6.47	7.06	7.73
Total Debt / EBITDA	1.99	1.93	1.53	1.51	1.4
Net Debt / EBITDA	1.67	1.56	1.06	0.65	0.4
Total Debt / (EBITDA - Capex)	2.25	2.12	1.72	1.79	1.68
Net Debt / (EBITDA - Capex)	1.89	1.71	1.2	0.77	0.48
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-4.91	11.76	13.03	1.01	2.31
Gross Profit, 1 Yr. Growth %	-2.45	9.51	20.69	1.62	3.55
EBITDA, 1 Yr. Growth %	4.73	3.39	28.67	0.69	9.71
EBITA, 1 Yr. Growth %	5.08	3.05	32.11	0.7	10.02
EBIT, 1 Yr. Growth %	9.25	2.9	36.99	1	10.88
Earnings From Cont. Operations, 1 Yr. Growth %	-26.89	18.19	22.82	11.02	9.37
Net Income, 1 Yr. Growth %	-26.89	18.19	22.82	11.02	9.37
Normalized Net Income, 1 Yr. Growth %	28.57	3.14	37.72	5.42	12.77
Diluted EPS Before Extra, 1 Yr. Growth %	-27.87	18.18	22.12	11.02	9.93
Accounts Receivable, 1 Yr. Growth %	33.59	-1.31	18.56	-6.46	-9.43
Inventory, 1 Yr. Growth %	13.52	19.97	5.55	2.63	16.06
Net Property, Plant and Equip., 1 Yr. Growth %	-0.62	-2.62	2.42	7.3	11.8
Total Assets, 1 Yr. Growth %	11.37	-5.04	-3.07	-3.44	-1.21
Tangible Book Value, 1 Yr. Growth %	157.44	-23.99	-22.42	39.9	-13.8
Common Equity, 1 Yr. Growth %	27.31	-6.7	-5.63	8.67	-2.21
Cash From Operations, 1 Yr. Growth %	5.26	-3.22	39.56	29.91	17.65
Capital Expenditures, 1 Yr. Growth %	8.33	-20.51	59.35	35.63	21.19
Levered Free Cash Flow, 1 Yr. Growth %	-22.43	32.37	11.73	-6.06	31.74
Unlevered Free Cash Flow, 1 Yr. Growth %	-26.25	28.89	15.74	-5.1	27.16
Dividend Per Share, 1 Yr. Growth %	20	20	20	62.04	20
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.1	3.09	12.39	6.85	1.66
Gross Profit, 2 Yr. CAGR %	4.86	3.36	14.96	10.74	2.58
EBITDA, 2 Yr. CAGR %	12.12	4.06	14.34	13.28	5.1
EBITA, 2 Yr. CAGR %	14.04	4.06	15.66	14.83	5.26
EBIT, 2 Yr. CAGR %	17.29	6.03	17.53	17.04	5.83
Earnings From Cont. Operations, 2 Yr. CAGR %	29.1	-7.04	20.48	16.77	10.19
Net Income, 2 Yr. CAGR %	29.1	-7.04	20.48	16.77	10.19
Normalized Net Income, 2 Yr. CAGR %	44.29	15.15	17.78	19.79	9.04
Diluted EPS Before Extra, 2 Yr. CAGR %	27.66	-7.67	20.13	16.44	10.48
Accounts Receivable, 2 Yr. CAGR %	3.68	14.82	8.17	5.31	-7.96
Inventory, 2 Yr. CAGR %	7.17	16.7	12.53	4.08	9.14
Net Property, Plant and Equip., 2 Yr. CAGR %	-0.8	-1.63	-0.13	4.83	9.53
Total Assets, 2 Yr. CAGR %	-8.56	2.84	-4.06	-3.26	-2.33
Tangible Book Value, 2 Yr. CAGR %	-9.5	39.89	-23.21	4.18	9.81
Common Equity, 2 Yr. CAGR %	-5.29	8.99	-6.16	1.27	3.09
Cash From Operations, 2 Yr. CAGR %	2.42	0.93	16.22	34.65	23.63
Capital Expenditures, 2 Yr. CAGR %	23.43	-7.2	12.55	47.01	28.21
Levered Free Cash Flow, 2 Yr. CAGR %	-8.74	1.33	20.52	3.25	11.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-13.16	-2.5	21.16	4.32	9.85
Dividend Per Share, 2 Yr. CAGR %	-	20	20	39.44	39.44
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	2.99	5.91	6.3	8.46	5.31
Gross Profit, 3 Yr. CAGR %	5.11	6.38	8.84	10.33	8.29
EBITDA, 3 Yr. CAGR %	55.77	9.13	11.04	9.25	12.08
EBITA, 3 Yr. CAGR %	76.42	10.25	12.02	10.11	13.2
EBIT, 3 Yr. CAGR %	207.7	12.28	14.7	11.37	14.95
Earnings From Cont. Operations, 3 Yr. CAGR %	31.86	25.36	2	17.24	14.25
Net Income, 3 Yr. CAGR %	31.86	25.36	2	17.24	14.25
Normalized Net Income, 3 Yr. CAGR %	52.61	29.01	21.27	13.06	17.41
Diluted EPS Before Extra, 3 Yr. CAGR %	29.88	24.42	1.35	17.02	14.23
Accounts Receivable, 3 Yr. CAGR %	1.19	1.99	16.05	3.05	0.15
Inventory, 3 Yr. CAGR %	0.13	11.28	12.86	9.13	7.93
Net Property, Plant and Equip., 3 Yr. CAGR %	0.87	-1.41	-0.3	2.29	7.1
Total Assets, 3 Yr. CAGR %	4.33	-7.4	0.83	-3.85	-2.58
Tangible Book Value, 3 Yr. CAGR %	125.32	-14.61	14.93	-6.21	-2.2
Common Equity, 3 Yr. CAGR %	16.1	-5.76	3.88	-1.46	0.1
Cash From Operations, 3 Yr. CAGR %	16.02	0.5	12.44	20.62	28.73
Capital Expenditures, 3 Yr. CAGR %	10.89	6.59	11.12	19.77	37.85
Levered Free Cash Flow, 3 Yr. CAGR %	41.57	3.31	4.05	11.49	11.99
Unlevered Free Cash Flow, 3 Yr. CAGR %	19.67	-0.94	2.68	11.34	11.43
Dividend Per Share, 3 Yr. CAGR %	-	-	20	32.64	32.64
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.64	4.2	6.65	6.29	4.42
Gross Profit, 5 Yr. CAGR %	3.39	5.68	8.94	8.11	6.29
EBITDA, 5 Yr. CAGR %	10.22	9.77	37.65	10.39	8.42
EBITA, 5 Yr. CAGR %	11.61	10.96	49.01	11.67	9.07
EBIT, 5 Yr. CAGR %	16.34	14.25	109.38	13.7	10.85
Earnings From Cont. Operations, 5 Yr. CAGR %	69.74	66.31	27.19	21.85	5.2
Net Income, 5 Yr. CAGR %	69.74	66.31	27.19	21.85	5.2
Normalized Net Income, 5 Yr. CAGR %	56.21	35.82	37.58	24.65	15.95
Diluted EPS Before Extra, 5 Yr. CAGR %	67.74	64.61	25.89	21.16	4.9
Accounts Receivable, 5 Yr. CAGR %	7.87	4.84	3.93	3.31	5.78
Inventory, 5 Yr. CAGR %	1.84	4.17	4.92	8.34	11.36
Net Property, Plant and Equip., 5 Yr. CAGR %	0.36	0.08	0.47	1.04	3.52
Total Assets, 5 Yr. CAGR %	4.15	1.91	0.89	-5.76	-0.45
Tangible Book Value, 5 Yr. CAGR %	12.03	28.09	46.49	-7.54	12.86
Common Equity, 5 Yr. CAGR %	13.71	8.17	6.63	-3.01	3.56
Cash From Operations, 5 Yr. CAGR %	19.48	10.72	16.1	12.98	16.79
Capital Expenditures, 5 Yr. CAGR %	5.25	-0.38	11.55	21.22	17.67
Levered Free Cash Flow, 5 Yr. CAGR %	0.43	9.13	32.74	2.91	7.21
Unlevered Free Cash Flow, 5 Yr. CAGR %	-3.35	4.56	20.26	0.8	5.3
Dividend Per Share, 5 Yr. CAGR %	-	-	-	-	27.43