Interim Management Statement

RNS Number : 1965S

Hilton Food Group PLC

14 May 2009

 



Hilton Food Group plc

                                        14th May 2009

                                                  INTERIM MANAGEMENT STATEMENT

Hilton Food Group plc, Europe's leading specialist retail packing business, provides its Interim Management Statement for the 16 weeks ended  19 April 2009.

Trading  for the  period across the Group's operations  has been in line  with management's expectations. 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.  

Strategic initiatives are performing well in their first full year of operation.  Volumes continue to build at the bacon and sausage business in Ireland while our 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.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.

The Group expects to issue a Pre-Close Trading Statement on 16 July 2009 and its Interim Results for the 28 weeks ended 12 July 2009 on 10 September 2009. 

For further information please contact:  

Hilton Food Group                                                             Tel: [phone]

Robert Watson, OBE, Chief Executive

Nigel Majewski, Finance Director

Citigate Dewe Rogerson                                                  Tel: [phone]

Tom Baldock

Nicola Smith 

 

END

 

 

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