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Hilton Food Says Trading In Line With Expectations; Projects Annual Adj. Pre-Tax Income To Rise

Hilton Food Group Plc (HFG.L), a British food packaging business, said on Tuesday that its trading for the year-to-date period from January 1 was in line with expectations, with volumes and sales ahead of the same period last year across all operating regions.

Looking ahead, the Group said: "Hilton Foods continues to trade positively, while the macroeconomic environment remains uncertain. However, in line with market expectations we are confident in our ability to deliver earnings growth for the full year."

Based on the company-compiled consensus on May 19, Hilton Food expects its annual adjusted profit before tax to be in the range of 76.8 million pounds to 81 million pounds, higher than last year's 76.1 million pounds.

by RTTNews Staff Writer

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