Hilton Food Group has said that trading continues to be in line with its expectations, despite the challenging economic conditions.
“Trading for the period across the group’s operations has been in line with management’s expectations,” the UK meatpacker said today (14 May).
“The group’s financial position remains strong, there having been no significant changes to this position since the publication of the annual report and accounts for the year ended 31 December 2008.”
Hilton said that volumes continue to build at its bacon and sausage business in Ireland, while its facility in Poland supplying products to Tesco stores in Hungary, the Czech Republic, Poland and Slovakia is progressing well, resulting in double-digit volume growth.
“The trading outlook for the remainder of the financial year continues to be in line with the board’s expectations despite the challenging economic conditions affecting consumer expenditure,” Hilton said.
“The group is working closely with its customers to deliver products that offer quality and value and we continue to explore opportunities to grow the business in both domestic and overseas markets.”