Hilton Food Group PLC Interim Management Statement (6638E)
2013年5月15日 - 3:00PM
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RNS Number : 6638E
Hilton Food Group PLC
15 May 2013
Hilton Food Group plc
15(th) May 2013
INTERIM MANAGEMENT STATEMENT
Hilton Food Group plc, Europe's leading specialist retail meat
packing business, provides its Interim Management Statement for the
period from 31(st) December 2012 to date, ahead of its Annual
General Meeting to be held at noon today.
During the period, our performance has been in line with the
Board's expectations. We have continued to benefit from our
geographical diversity and grow the business, whilst as
anticipated, challenging conditions for the consumer have been
experienced in some markets.
In Western Europe we have made good progress in a number of
markets. Our newest facility in Denmark is progressing well, and we
are continuing to build up the volume of product that is being
sorted by the new robotic store order picking facility. There has
been turnover growth in Sweden, and the Dutch business is
benefitting from new product lines. Both the UK and Ireland have
remained challenging particularly given the well publicised
industry issues faced in the first quarter and continuing difficult
macro-economic conditions. Our business in Central Europe, where
Hilton supplies customers in seven countries, has continued to
perform well.
In Australia, the development work by the Joint Venture at
Bunbury is proceeding in line with the agreed plan.
The Group's financial position remains strong, there being no
significant changes to this position since the financial year
end.
Hilton continues to explore opportunities to grow the business
in both domestic and overseas markets.
The Group expects to issue a Pre-Close Trading Statement on
18(th) July 2013 and its Interim Results for the 28 weeks ended
14(th) July 2013 on 10(th) September 2013.
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
This information is provided by RNS
The company news service from the London Stock Exchange
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