UK-based meat packer Hilton Food Group said this morning (19 July) that it has been able to grow first-half revenues, despite challenging conditions in its key markets.
Hilton’s operations have benefited from its geographical diversity, with growth in western and central Europe offsetting a continued slow-down in Sweden and product-mix pressure in the UK.
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The firm conceded it is feeling the negative impact of higher production costs and currency exchange, but insisted it is “well-placed” to deliver shareholder value in the remainder of the year.
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