Premier Foods today reported higher fourth-quarter sales of its branded foods, which include Oxo seasonings and Bisto gravy.
It said it would take a closer look at streamlining operations in the coming year, adding that it would look at its manufacturing and warehousing operations closely for efficiencies.
Premier Foods also said it expects little impact from the rise in the UK national living wage.
Premier Foods' announcement comes a month after Paulson & Co, its second-largest shareholder, said it was "extremely disappointing" that the board of the British food maker allowed its suitor McCormick to walk away.
McCormick, a US maker of spices and seasonings, on April 13 abandoned its takeover pursuit of the maker of Loyd Grossman and Sharwood's cooking sauces.
It had made three proposals - at 52 pence, 60 pence and 65 pence per share - which were all rejected.
Branded foods sales rose 1%in the quarter to April 2, the company said. Overall, revenue rose 1.4% in the quarter to £185.5m.
Branded foods sales accounted for 91% of total salesfor the quarter, it said.
