The food manufacturer, which produces brands such as Branston, Hartley’s and Quorn, said that full-year operating profit rose 18.2% to £95.3m on sales up 6% to £789.7m.
The group added that like-for-like sales for the period had increased by 1.6%.
Last year was a busy year for Premier Foods. The group created a stronghold in the vegetarian market by snapping up vegetarian brands Quorn and Cauldron.
It also sold its tea business and launched Branston baked beans in the fourth-quarter of the year.
Premier said that it spent £3.5m launching Branston baked beans. It added that the launch had been successful and that the product gained a 7% market share within three months of launch.
The group also revealed that the integration of Quorn and Cauldron had proceeded well and sales, marketing and operations functions had fully integrated into its management structures.
Robert Schofield, chief executive of Premier Foods, added: “The trading environment remains highly competitive and energy related inflationary pressure remains a concern. However, we are confident that we will continue to develop the business in line with our strategy.”