The group announced it had performed slightly ahead of its board’s expectations, fuelled by growth in new markets and the positive impact of a weaker pound, following the Brexit vote.
Hilton also reported a strong year for its joint ventures – SOHI Meat Solutions with Sonae in Portugal and Woolworths Meat Co with retailer Woolworths in Australia.
The firm saw a “good last quarter” in the UK and Ireland, while central Europe saw performance in line with the group’s expectations. Hilton said it was adapting its business model to the local environment.
Adapting its business model
Hilton said it had seen success with its new pizza businesses in Poland and Sweden, as well as the continued success of Hilton Food Solutions, its new trading subsidiary.
“The group's financial position remains strong, positioning us well for further expansion,” said the company.
“Hilton remains well placed to deliver continued growth over the medium term and will continue to explore further opportunities to develop our business in both domestic and overseas markets.”
Hilton is to publish its full year results on March 30.
Hilton’s global operation – at a glance
Australia: Joint venture with Woolworths, Woolworths Meat Co
Portugal: Joint venture with Sonae, SOHI Meat Solutions
Poland: Supplies fresh pizzas to retailer ICA in Sweden