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SA’s Blue Ribbon bread maker Premier’s profit jumps

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South African (SA) food producer Premier Group this Tuesday posted a 27.9% rise in half-year profit

South African (SA) food producer Premier Group this Tuesday posted a 27.9% rise in half-year profit as revenue increased by 6.4%.

 

The maker of Blue Ribbon bread and Snowflake flour, reported a headline earnings per share, the main profit measure in SA, of 560 cents for the six months ended September 30, up from 437.6 cents a year earlier.

 

It declared an interim dividend of 159 cents per share.

 

–Reuters–