Hilton Food Group plc (HFG.L), on Tuesday, issued a trading update for the period from 2nd January 2023 to date, and reported that trading has been in line with Board's expectations.
Sales are ahead of the prior year, reflecting continued increases in raw materials prices and the positive effect of a full year of ownership of Foppen following its acquisition in March 2022.
Hilton Foods' trading performance since the start of 2023 has been in line with the Board's expectations and, despite the uncertain macro-economic environment, the business is well positioned for the year ahead, the company said. The Group's financial position continues to be strong with leverage and headroom at comfortable levels.
For comments and feedback contact: editorial@rttnews.com
Business News