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Interim Management Statement

16 May 2012 07:00

RNS Number : 3545D
Hilton Food Group PLC
16 May 2012
 



 

 

 

Hilton Food Group plc

 

INTERIM MANAGEMENT STATEMENT

 

Hilton Food Group plc, Europe's leading specialist retail meat packing business, provides its Interim Management Statement for the period from 1st January 2012 to date, ahead of its Annual General Meeting to be held at noon today.

 

During the period, our trading has been in line with the Board's expectations. Although challenging conditions for the consumer have been experienced in some markets, we have continued to benefit from our geographical diversity and grow the business.

 

In Western Europe we have made good progress and have been able to deliver turnover growth. Our newest facility in Denmark is progressing well, and we have now started to roll-out the new robotic store order picking facility. Growth in turnover has been modest in Sweden where the economy has slowed down, and Ireland has delivered a solid performance. Our business in Central Europe, where Hilton supplies customers in seven countries, has continued to perform well.

 

The Group's financial position remains strong, there being no significant changes to this position since the financial year end.

 

Hilton will continue to explore opportunities to grow the business in both domestic and overseas markets.

 

The Group expects to issue a Pre-Close Trading Statement on 19th July 2012 and its Interim Results for the 28 weeks ended 15th July 2012 on 11th September 2012.

 

 

For further information please contact:

 

Hilton Food Group plc

Robert Watson, OBE, Chief Executive

Nigel Majewski, Finance Director

 

Tel: +44 (0)1480 387214

Citigate Dewe Rogerson

Tom Baldock

 

Tel: +44 (0)207 282 2889

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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