14th May 2009 07:00
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: +44 (0)1480 387214
Robert Watson, OBE, Chief Executive
Nigel Majewski, Finance Director
Citigate Dewe Rogerson Tel: +44 (0)207 282 2889
Tom Baldock
Nicola Smith
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