Hilton Food meets targets

14th Jan 2011 07:56

Meat packer Hilton Food traded in line with expectations during the 52 weeks ended January 2, boosting turnover, especially in the Netherlands and Central Europe.The firm attributed growth to strong volume increases partially offset by the effect of product mix.As well as volume increases in Central Europe, Hilton said Sweden has shown signs of recovery over the last few months, translating into higher sales.A new factory in Denmark is being kitted out and will be up and running during the second quarter of 2011. "The trading environment in 2011 is likely to remain challenging, but we believe Hilton is well placed to deliver continued growth," read Friday's statement."We continue to explore further opportunities to develop our business in both domestic and overseas markets." Full year results are out on 31 March.