UK meat processor Hilton Food Group has said its full-year performance is “in line” with the board’s expectations.
In a trading update released this morning (10 January), Hilton said new products in Holland, a new production line in Denmark and the group’s performance in the UK acted as the “primary drivers” of turnover in Western Europe. However, the company continued to face weak demand in Ireland.
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In central Europe, trading in the 12 months to 29 December held up in the face of “challenging market conditions”, Hilton added.
Looking to the group’s newly-established Australian joint venture the company said “good progress” was being made.
Hilton shares edged up 1.82% in early trade today. The group will report its full-year results on 27 March.
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