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Hilton Food Group

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Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals raise the question of whether this is a temporary blip or a long-term structural decline.

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The UK pork sector is in a state of flux. Pig meat prices have been forced up by a number of factors - ranging from higher input costs to constricting supply and pending European animal welfare regulations. Cost increases are therefore being passed down the chain as retailers look to balance the need to secure supply against the pressure of operating in a constrained consumer environment. In part two of our Category Crunch, Katy Askew looks at the different strategies that pork processors are employing to grow revenues.

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Vion's plans to exit the UK could strengthen the hand of the meat giant's local rivals Cranswick and Hilton Food Group, operating in a market with over-capacity and facing high feed and pig costs.

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The established markets of UK meat processor Hilton Food Group are "under pressure", according to analysts, despite first-half results coming in above some expectations.

Hilton Food Group, the UK-based meat packer, has built what one firm of City brokers describes as "a high-quality business" through international expansion and, in most of its markets, supplying only one customer. Dean Best spoke to Hilton CEO Robert Watson and CFO Nigel Majewski after the company reported a year of rising annual sales and earnings to discuss their strategy for the business and its plans for further growth.

UK meat packer Hilton Food Group reported higher first-half sales thanks to increased volumes and currency exchange headwinds.

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UK meat processor Hilton Food Group has acquired a 50% stake in Foods Connected, a local software firm that claims to help companies in the food sector become more efficient and reduce costs.

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Hilton Food Group, the UK meat packer, this morning (30 March) booked higher annual sales and earnings.

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UK meat packer Hilton Food Group said today (12 January) that its full-year performance came in "slightly ahead" of the board's expectations. 

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UK meat packer Hilton Food Group has extended its cooperation with Portugese retailer Sonae Modelo Continente through the formation of a joint venture that will supply packaged meat to the group's supermarkets in the country. 

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UK-based meat processor Hilton Food Group has announced plans to expand its capacity in Australia with the opening of a new meat processing facility in Queensland. 

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Hilton Food Group today (3 November) reported growth in local turnover in most of the UK meat packer's markets.

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UK-based meat processor Hilton Food Group plans to extend the roll out of its new pizza products to additional European markets. 

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Hilton Food Group, a specialist meat company operating in Europe and Australia, reported a more than one-quarter increase in operating profit this morning (13 September), benefiting from higher sales volumes. 

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UK-based specialist meat-packing business Hilton Food Group reports it has "made good progress in line with expectations" in a number of its markets, in the second quarter of the year.

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UK meat processor Hilton Food Group has entered into a cooperation agreement with Portuguese retailer Modelo Continente Hipermercados ("Sonae"). 

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Hilton Food Group has reported first-quarter results "in line with expectations".

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Hilton Food Group has promoted Philip Heffer to the position of chief operating officer for the UK meat packer.

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Hilton Food Group reported an increase in full-year profits today (31 March) as increased volumes helped the UK meat firm shrug off downward pressure on sales. 

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Hilton Food Group said today (14 January) its performance in the year to 3 January came in "ahead of the board's expectations". 

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Hilton Food Group said this morning (5 November) that trading for the first nine months of the year had come in “slightly above the boards expectations”, thanks to volume growth in some areas and cost efficiencies. 

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Hilton Food Group, the UK own-label meat supplier, has reported an increase in profits for the first half of its financial year despite a fall in sales.

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Chinese food group Beingmate and Yurun Food this week issued profit warnings as the economic slowdown in the country takes its toll on food makers. In the UK, Hilton Food Group was hampered by the strength of sterling but, on a more upbeat note, UK cake maker Finsbury Food Group said it will "outperform" expectations. Here are this week's results in brief.

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This week's result round-up includes a positive start to the year for UK own-label group Bakkavor, better sales but pressure on profits for Canada's Weston Foods and a slide in revenue at French poultry group Duc.

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Hilton Food Group has reported an increase in profits for the full year, despite a fall in sales.

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Hilton Food Group said today (9 January) its full-year trading was "in line" with management expectations but shares in the UK meat group slid amid a mixed geographic performance.

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Hilton Food Group said that it was able to grow sales volumes in western Europe during the third quarter but conceded that value sales have been hit by lower raw material prices and currency exchange.

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Shares in Hilton Food Group dropped today (9 September) after the UK meat supplier's guidance for the rest of 2014 prompted analysts to downgrade their forecasts.