Premier Foods expects to top annual estimates as Britain gets cooking again
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(Reuters) - Mr Kipling cakes maker Premier Foods Plc said on Wednesday it expected revenue and trading profit to exceed current estimates this year, encouraged by around 20% sales jump in the first-quarter on stockpiling during coronavirus lockdowns across the UK.The company reported a 6% rise in adjusted pretax profit to 93.3 million pounds for the year ended March 28. But it added that it was unclear as to how consumers' eating habits might change as lockdown measures eased over the coming..