date:Oct 31, 2012
mendation on Premiers stock.
Exceeded our disposal target
Michael Clarke, Premiers ceo, said: Im delighted to have exceeded our disposal target 20 months early while at the same time delivering three successive quarters of sales growth and taking 40M of overhead costs out of the business this year.
We can now focus our attention on driving further momentum in our Grocery business and unlocking value in bread.
Clarke added that the disposals since March had achieved a healthy average earnings