Food manufacturer Premier reports higher operating profit, cash generation

JSE-listed fast-moving consumer goods manufacturer Premier Group has reported a robust set of results for the year ended March 31, with an 18.6% year-on-year increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to R2.1-billion.

This compares with Ebitda of R1.7-billion reported for the prior financial year.

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