Angela Monaghan 

Angel Delight whips up strong sales for Mr Kipling and Oxo maker

Sales of the dessert are up by 30% in six months after Premier Foods launches ready-to-eat version
  
  

Mr Kipling pies and Angel Delight
Angel Delight and Mr Kipling pies are both owned by Premier Foods. Photograph: Graham Turner/The Guardian

Angel Delight is making a comeback half a century after the whipped dessert first hit the shelves.

Sales of the brand jumped 30% over the six months to the end of September, according to its maker, Premier Foods, as consumers were tempted back by a new ready-to-eat version of the retro milky dessert, first launched in 1967 by Birds.

“Angel Delight, one of the group’s smaller and historically less heavily invested brands, grew by 30% in the period, benefiting from the launch of convenient ready-to-eat pots,” the company said.

In its traditional form, which is still available, consumers whisk milk into the Angel Delight powder, which comes in strawberry, chocolate, banana and butterscotch flavours. The range includes “no added sugar” alternatives in the same flavours.

The resurgence of Angel Delight reflected a broader trend in Premier’s first-half results, as consumers opted for products that were designed to be eaten “on the go”.

“Batchelors is now the fastest-growing major brand in our portfolio following the launch this year of convenient pot format products such as Super Noodle pots,” said the Premier Foods chief executive, Gavin Darby.

“The Batchelors brand has also benefited substantially from the launch of Pasta ’n’ Sauce pots, another range of convenient quick meals perfectly suited to today’s time-conscious consumer.”

Molly Johnson-Jones, senior food and grocery analyst at Global Data, said Premier Foods was tapping into a growing consumer trend of “on the go” snacking with an established brand.

“There has been huge growth in food on the go, largely because of a consumer base that shops at convenience stores – time-poor millennials who might pop in for lunch and buy a few things,” she said.

“The trend of people bringing in their lunch to work has declined, with consumers looking for things to be more immediate. They want quick and easy products, and supermarkets and convenience stores are tapping into that and seeing it as a growth area. The stores are trying to emulate the Pret and Itsu chains.”

Other brands owned by the group include Ambrosia, Mr Kipling and Oxo.

Premier Foods’ sales rose 1.5% over the six months to £353.3m, while pre-tax losses narrowed to £1.2m from £8.7m over the same period a year earlier.

Darby said a strong performance in the second quarter, with sales up 6.2%, helped to offset a “challenging” first quarter. He added that expectations for the full year were unchanged.

The company’s international business is being boosted by rising demand in Australia for Mr Kipling and Cadbury cakes, which have also recently been launched in New Zealand.

Darby said Premier’s strategic partnerships with Japanese instant noodle company Nissin and Cadbury owner Mondelez International were paying off, together delivering more than 40% of revenue growth in the second quarter.

Analysts at Credit Suisse said the second-quarter performance was “very encouraging”. Shares rose 4.8% after the results were announced

• Follow Guardian Business on Twitter at @BusinessDesk, or sign up to the daily Business Today email here.

 

Leave a Comment

Required fields are marked *

*

*