Interim Management Statement

RNS Number : 8087L

Hilton Food Group PLC

13 May 2010

 



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 4^th January 2010 to date.

Trading for the period across the Group's operations has been in line with market expectations. The Group's financial position remains strong and there have been no significant changes to this position since the publication of the preliminary results for the 53 weeks ended 3^rd January 2010.

In Western Europe we have made good progress and have seen encouraging sales trends. There are signs that a number of economies are emerging from the recession. Our business in Holland has also benefitted from the first year of spreadable meats production. Central Europe has seen the addition during the period of exports to the third Baltic state of Estonia, which, together with continued progress in existing Central European markets, has resulted in double-digit volume growth in that region. In Denmark, the development of the site to supply Coop Danmark continues in line with our plans with first production expected during the second quarter 2011.

Overall, we are encouraged by our start to the current financial year. The Group 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 22 July 2010 and its Interim Results for the 28 weeks ended 18 July 2010 on 14 September 2010.

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 Clare Simonds	Tel: [phone]

 

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