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Pin to quick picksHilton Foods Regulatory News (HFG)

Share Price Information for Hilton Foods (HFG)

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529.00    7.50 (1.44%)
Bid:
531.00
Ask:
533.00
Spread: 2.00 (0.377%)
Market Cap: £475.87m
HFG Live PriceLast checked at - London Stock Exchange

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Trading Update

14 Jan 2008 07:00

Hilton Food Group PLC14 January 2008 HILTON FOOD GROUP plc Trading update to 30 December 2007 Hilton Food Group plc ("Hilton" or "the Company"), the leading specialistmeat-packing business supplying major international food retailers in Europe, istoday providing an update on trading for the 52 weeks ended 30 December 2007. The Company is pleased to report that trading for the period has been in linewith management's expectations. Volumes have continued to move forward in eachof our geographic areas, reflecting continued growth across our customer base.We continue to see a steady growth trend in packed meat sales, supported by astrong product innovation programme developed in cooperation with our customers. During December, a trial commenced involving the supply of centrally packedmeat to Tesco in Central Europe, from the Hilton plant in Tychy, SouthernPoland. The initial response to Hilton's products has been positive, and thetrial is progressing well at this stage. Robert Watson OBE, Chief Executive, commented: "We have continued to build on the progress made in the first half of the year.Prospects for 2008 in all our European markets are positive and we arecontinuing to explore growth opportunities. We are delighted to have expandedour trading relationship with Tesco by commencing a trial in Central Europe." Hilton is intending to publish its full year results on Tuesday 15 April 2008. Contacts: Hilton Food Group Tel: +44 (0)1480 387214Robert Watson, Chief ExecutiveNigel Majewski, Finance Director Citigate Dewe Rogerson Tel: +44 (0)207 282 2889Tom Baldock This information is provided by RNS The company news service from the London Stock Exchange
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