UK's baking boom brings in the dough for Premier Foods
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(Reuters) - Britain's Premier Foods, maker of OXO stock cubes and Bisto gravy, said on Wednesday it expected revenue and profit to exceed estimates for the fiscal year that began at the end of March, as the coronavirus lockdown drove people to cook at home.Chief Executive Officer Alex Whitehouse said there had been an "astronomical" rise in flour sales as people returned to their kitchens to bake and reached for their recipe books while restaurants were shut.But the company, which expects..