Interim Management Statement (2405R)
2011年11月3日 - 4:00PM
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RNS Number : 2405R
Hilton Food Group PLC
03 November 2011
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 18(th) July 2011 to date.
Trading for the period across the Group's operations has been in
line with the Board's expectations. The Group has continued to
benefit from its geographic diversity, despite challenging
conditions for consumers in some markets. Hilton's financial
position remains strong, with net debt, as expected, having grown
during the year following the investment in our Danish
facility.
In Western Europe we have made good progress and have continued
to benefit from the recovery in the Swedish economy. We have also
continued seeing solid performances in both Ireland and Holland. In
Denmark, we have completed the first phase of investment in the
packing plant and have seen volumes build up since production
started at the end of March. We are in the process of installing a
new robotic store order picking facility to further extend the
range of services offered by Hilton. In Central Europe, we have
seen an improved performance for the period under review.
Overall, we are encouraged by Hilton's progress this 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 12th
January 2012 and its preliminary results for the 52 weeks ended
1(st) January 2012 on 29(th) March 2012.
For further information please contact:
Hilton Food Group plc Tel: +44 (0)1480 387214
Robert Watson, OBE, Chief Executive
Nigel Majewski, Finance Director
Citigate Dewe Rogerson Tel: +44 (0)207 282 2889
Tom Baldock
Clare Simonds
This information is provided by RNS
The company news service from the London Stock Exchange
END
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