UK-based meat packer Hilton Food Group has said that it is “encouraged” by the start it has made in the beginning of this fiscal year.
During the period, Hilton said that its performance had been “in line” with the board’s expectations.
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“Despite challenging conditions for the consumer in some markets, we have continued to benefit from our geographical diversity and grow the business,” Hilton said today (17 May).
Hilton said the company’s western European operations had benefited from the continuing recovery of the Swedish economy and made “good progress” across the region. In central Europe, where Hilton operates in seven countries, the company said that it has continued to “perform well”.
“Overall, Hilton is encouraged by the start to the current financial year. The group will continue to explore opportunities to grow the business in both domestic and overseas markets,” Hilton said.
The company is scheduled to issue a pre-close trading statement on 21 July.
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By GlobalData
