Premium Brands: Announces Q2-2020 Results

Vancouver / CA. (pbh) Premium Brands Holdings Corporation, a leading producer, marketer and distributor of branded specialty food products, announced its results for the second quarter of 2020 – the thirteen weeks ended June 27.

«I would like to acknowledge our associates from across Canada and the U.S. for their commitment and hard work during these truly unprecedented times. The challenges that our Company faced over the past quarter were by far the most difficult in our history and I am very humbled by how our people rose to the occasion. Their dedication, perseverance and ingenuity ensured that we were able to continue to provide our fellow citizens with essential food products and to play an active role in contributing to the well-being of the many communities that we are part of,» said George Paleologou, President and CEO.

«April, in particular, was a very challenging month for us as Covid-19 related issues impacted almost all elements of all our businesses. The month proved to be a defining point as our management teams took exceptional measures to address the unique challenges that were faced by their respective businesses and pursued initiatives that not only dealt with immediate issues but also helped to position them to weather whatever was to come next. Fortunately, April proved to be the eye of the storm and since then we have seen steady and significant improvements across all of our businesses giving us solid momentum as we head into the back half of the year,» added Paleologou.

For additional information please read the Company’s PDF file below (218 KB):