Meat producer Hilton Food Group has claimed it is well-placed for further expansion after its trading update revealed its annual results would be in-line with expectations.
Meat processor Hilton Food Group has completed its £80.8M acquisition of fish firm Icelandic Seachill, as it continues to drive volume growth in the UK and overseas.
Meat processor Hilton Food Group has revealed plans to build a £5.5M (€6M) factory in Poland, after signing a five-year supply deal with Tesco to provide the supermarket with fresh food.
Change is taking place at the top of Hilton Food Group, the international value-added meat processing group, with the retirement of two of its board members in May: non-executive chairman Sir David Naish and non-executive director Chris Marsh.
Hilton Food Group has been praised for its “very well-invested facilities” and “ambitious management team” who target international expansion by leading City analysts, after the meat packing company announced it was trading ahead of expectations.
Specialist meat packer Hilton Food Group’s strategy of operating with one customer per market could lead it to benefit from the horsemeat crisis, predicted City analyst Shore Capital.
Meat packer Hilton Food Group, which supplies retailers such as Tesco, is expected to ride out the recent horsemeat contamination issue unscathed, following publication of its preliminary results for 2012 which showed sales up 5% to £1bn.
Specialist meat packing business Hilton Food Group has braved challenging marketing conditions to report good turnover growth during the 28 weeks ending July 17 2011.
