Premier Foods expects to deliver cost savings a whole year early

It was good news for Premier Foods investors on Tuesday, when the company announced it now expects to hits its cost saving target a year early.

It was good news for Premier Foods investors on Tuesday, when the company announced it now expects to hits its cost saving target a year early.

The group has set out to reduce its annual cost base by £40m and so so by the end of this year rather than the end of 2013 will, as Panmure points out, help to offset the dilution from further disposals.

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