Hilton Food Group PLC Trading Statement (1522O)
2016年11月3日 - 4:00PM
RNSを含む英国規制内ニュース (英語)
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RNS Number : 1522O
Hilton Food Group PLC
03 November 2016
Hilton Food Group plc
("Hilton" or the "Group")
3rd November 2016
TRADING STATEMENT
Hilton Food Group plc, the leading specialist international meat
packing business, provides its trading update for the period 18(th)
July 2016 to date.
In overall terms, the Group continues to trade in line with the
Board's expectations. We have experienced local turnover growth in
most of our markets and, as anticipated, we have also continued to
benefit from the strength of the various currencies in which the
Group trades in relation to sterling.
In Western Europe, we continue to deliver good growth,
particularly in the UK which has benefitted from the earlier
capacity expansion programme and from the absence of start-up costs
as compared with last year. Holland has remained relatively flat
reflecting comparison with a strong third quarter last year. In
Sweden, we are encouraged by the cost perfomance arising from the
upgraded production lines. Trading conditions in Denmark remain
challenging, as noted within the Half Year results. In Central
Europe, trading has been in line with our expectations, with growth
particularly in Poland and Hungary.
Hilton's joint venture in Australia is making excellent
progress. As noted at the Half Year, rollout of the volume from the
Victoria plant was ahead of expectations, and the volume build up
continued over the third quarter.
The Group's financial position remains strong with the Group
continuing to generate cash leaving Hilton well-placed to continue
to explore opportunities to grow the business in both domestic and
overseas markets.
The Group intends to issue a pre-close trading statement on 12th
January 2017 and to announce its preliminary results for the 52
weeks ended 1st January 2017 on 30th March 2017.
Enquiries:
Hilton Food Group plc Tel: +44 (0)1480 387214
Robert Watson OBE, Chief
Executive
Nigel Majewski, Chief
Financial Officer
Citigate Dewe Rogerson Tel: +44 (0)20 7638 9571
Louise Mason
Ellen Wilton
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 03, 2016 03:00 ET (07:00 GMT)
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