Princes Group (LON:PRN) Announces Earnings Results

Princes Group (LON:PRNGet Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 0.11 earnings per share for the quarter, Digital Look Earnings reports.

Princes Group Stock Up 1.7%

Princes Group stock traded up GBX 5.39 during trading on Wednesday, reaching GBX 321.39. The company had a trading volume of 664,556 shares, compared to its average volume of 235,651. The stock has a market capitalization of £786.45 million and a price-to-earnings ratio of 8.69. The business’s 50 day moving average price is GBX 321.70. Princes Group has a 12-month low of GBX 294.50 and a 12-month high of GBX 498.

Princes Group Company Profile

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Princes Group is a long-established British food and drink company that manufactures, markets and distributes a broad range of ambient food and beverage products. The company is known for producing shelf-stable goods including canned and tinned products, tomato-based items, cooking sauces, edible oils and a variety of beverages. It supplies both branded and private-label products to retail, wholesale and foodservice customers.

Operations focus on end-to-end manufacturing and supply chain capabilities, from ingredient sourcing and production to packing and distribution.

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