Hilton Food Group PLC Trading Statement (2764X)
2014年1月10日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 2764X
Hilton Food Group PLC
10 January 2014
10th January 2014
HILTON FOOD GROUP PLC
TRADING STATEMENT FOR THE 52 WEEKS ENDED 29(th) DECEMBER
2013
Hilton Food Group plc ("Hilton" or the "Group"), Europe's
leading specialist international meat packing business, is today
providing an update on trading for the 52 weeks ended 29(th)
December 2013. The Group intends to publish its full year results
on Thursday 27th March 2014.
We are pleased to report that the Group has performed in line
with the Board's expectations. In Western Europe, new products in
Holland,a new production line in Denmark and the performance of our
UK business were the primary drivers of turnover growth in that
region. Growth in these countries was partly offset by weak demand
in Ireland, which has not yet resumed growth and a steady
performance in Sweden, reflecting economic conditions in the
country. In Central Europe, the Group's trading has been in line
with our expectations despite challenging market conditions.
Hilton's joint venture in Australia continues to make good
progress. New packaging formats have been launched for pork, lamb
and beef in Western Australia and a large part of the Bunbury plant
reconfiguration has now been completed. In Victoria, preparation
for the construction of the new facility in Melbourne is underway.
We are also now providing support to Woolworths with the operation
of its Brismeats facility near Brisbane.
As reported in our recent update regarding Western Europe made
on 2(nd) December 2013, we expect the impact of consumer weakness
in Western Europe to be wholly offset over 2014 by the positive
effect of our new agreement with Tesco in the UK, for which the
full benefit is expected in subsequent years. The Group's balance
sheet remains strong, leaving us well positioned for future
expansion and we remain well placed to deliver continued growth
over the medium term and will continue to explore further
opportunities to develop our business in both domestic and overseas
markets.
Enquiries:
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 Murray
This information is provided by RNS
The company news service from the London Stock Exchange
END
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