Interim Management Statement

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 1^st 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 19^th July 2012 and its Interim Results for the 28 weeks ended 15^th  July 2012 on 11^th  September 2012.

For further information please contact: 

Hilton Food Group plc Robert Watson, OBE, Chief Executive Nigel Majewski, Finance Director	Tel: [phone]
Citigate Dewe Rogerson Tom Baldock	Tel: [phone]

 

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