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The group reported revenue for the 26 weeks to 30 September of £353 million, up £5 million (+1.5%) on the same period last year.
Operating profit climbed by 2.3% on last year to £22.5 million and an operating profit after taxation of £0.3 million means the firm is back in profit after the company suffered a loss of £55.6 million in H1 12 months ago.
Net debt decreased by 3.7% versus last year to £535.3 million while basic earnings/loss per share stayed at zero.
Gavin Darby, Premier Foods chief executive, said:“We are pleased to report a return to revenue growth of +1.5% in the first half of the year. A key highlight was our strong performance in the second quarter, with volume driven revenue up +6.2% after challenging first quarter
“Our International business continues to go from strength to strength and saw revenue growth of +23% in the first half of the year.
“Our Strategic partnerships with Nissin and Mondelez International are working very well, together delivering over 40% of our revenue growth in the second quarter.
“The cost efficiency programme we launched earlier this year is on track to deliver the expected benefits.
We completed the issue of a new £210m high yield bond in June and our Net debt was £21m lower than the same point last year; a little ahead of our plans.
“Overall, we continue to expect the business to make progress in the second half of the year and our expectations for the full year remain unchanged.”