European meat packing company Hilton Food Group said it has been encouraged by its continued progress for the 15 weeks to 4 November.
The company said its financial position remains strong, and that operations have been “in-line with market expectations”, with no significant changes to this position since the publication of its half-year results in July.
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Hilton, which supplies retailers like Tesco and Ahold, said its western European operations made good progress and saw “encouraging sales trends”, with the Netherlands continuing to deliver strong volume growth. Additionally, it said the market in Sweden continues to show signs that it is recovering.
In Central Europe, the roll out of Hilton’s business into the Baltics has “proceeded as planned” and it is increasing capacity at its plant.
Hilton said that in Denmark, the development and equipping of the site to supply Coop Danmark continues in line with its plans, with production expected to begin during the second quarter of 2011.
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By GlobalData
