Mr Kipling maker Premier Foods posts rise in half-year adjusted profit

(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products.

The maker of Mr Kipling cakes and OXO cubes said adjusted profit before tax rose nearly 12% to 47 million pounds ($55.83 million) in the six months ended Oct. 1.

($1 = 0.8419 pounds)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Subhranshu Sahu)