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Proposals 'critical' to secure long-term future of bread division

Commenting on the proposals, Michael Clarke, Chief Executive Officer of Premier Foods said:

Having generated solid growth momentum in our Grocery Division, it is critical that we act to assure the long-term future of the Bread Division. By simplifying our cost base, we can increase focus on improving efficiency, quality and service levels to help grow our core Hovis business. We recognise the impact these actions will have for our employees at the sites affected. Decisions will not be taken lightly but they are necessary if we are to build a strong and successful future for the Bread Division and those who remain with our business

– Michael Clarke, Chief Executive Officer of Premier Foods

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