Home Business NewsMr Kipling sales are doing exceedingly well during coronavirus lockdown

Mr Kipling sales are doing exceedingly well during coronavirus lockdown

by LLB Reporter
20th Apr 20 12:17 pm

Mr Kipling cakes sales have surged during the coronavirus lockdown says Premier Foods, the company behind the brand.

The food company have revealed that sales were up by around 15% in March, with UK sales surging to 7.3% during the first quarter.

Premier Foods who also make Bisto gravy and Ambrosia custard, said during this โ€œchallenging timeโ€ they are working at โ€œmaximum capacity.โ€

The company have given their employees two additional days of annual leave with a cash bonus for recognition of ยฃ250.

The company said, โ€œVolumes have started to reduce from the exceptional levels seen in March, although are still expected to continue to be higher than average patterns of demand.

โ€œThis reflects more meals being eaten at home than usual due to recent measures set out by the government, and hence increased demand for the groupโ€™s product ranges.โ€

The company are expecting post trading profit in the year to 28 March to be โ€œtop end of market expectations.โ€

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