Premier Foods has said its full-year trading profit will be in line with expectations, despite rising raw material costs.

The food manufacturer, which makes brands including Branston Pickle, Oxo stock cubes and Crosse & Blackwell cooking sauces, reported a 1.4% increase in full-year pro forma sales and a 3% increase in second-half pro forma sales.

Christmas trading had been satisfactory across the group, said Premier Foods CEO Robert Schofield. Its cakes and customer partnerships businesses had performed well, offsetting “disappointing” results for its branded and retailer branded businesses.

A large proportion of raw material cost increases had been recovered through cost savings, he added.