Hilton Foods delivers ‘strong’ performance boosted by Christmas volume growth

Hilton Food Group
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Hilton Foods Group has posted a strong full year performance, driven by “successful” Christmas trading and a rise in retail meat volume.

In the 52-week period ending 29 December, the multi-protein food manufacturer’s core UK retail meat division saw continued strong volume and sales, particularly in the final quarter, with volume growing 4% compared to the same period last year.

This was driven by a robust Christmas trading period and the launch of a range of new premium products, while its seafood division also delivered full-year profit improvement with strong volume performance.

Hilton Foods group chief executive Steve Murrells CBE said: “The final quarter of the year has delivered a strong performance, with the full-year outturn in line with expectations.


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“This success was driven by another solid Christmas trading period and underpinned by our innovative ranges and the growing popularity of beef as a festive centrepiece.

“Our core year-round product ranges, combined with high-quality new product launches, continue to strengthen our customer relationships, and support our ongoing success.”

Looking ahead, the board said it is “confident” in the food manufacturer’s outlook for 2025, describing it as having a “strong financial position” as it continues to invest in strategic opportunities.

Elsewhere, it pointed to automated facilities and strong customer relationships as areas of focus it will rely on to continue to “effectively mitigate the impact of ongoing wage inflation, though as an international business”.

The news comes after the food business’ half year results saw pre-tax profit rise 25.3% to £33.5m, underpinned by “continued positive momentum” in its seafood business.

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Hilton Foods delivers ‘strong’ performance boosted by Christmas volume growth

Hilton Food Group

Hilton Foods Group has posted a strong full year performance, driven by “successful” Christmas trading and a rise in retail meat volume.

In the 52-week period ending 29 December, the multi-protein food manufacturer’s core UK retail meat division saw continued strong volume and sales, particularly in the final quarter, with volume growing 4% compared to the same period last year.

This was driven by a robust Christmas trading period and the launch of a range of new premium products, while its seafood division also delivered full-year profit improvement with strong volume performance.

Hilton Foods group chief executive Steve Murrells CBE said: “The final quarter of the year has delivered a strong performance, with the full-year outturn in line with expectations.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“This success was driven by another solid Christmas trading period and underpinned by our innovative ranges and the growing popularity of beef as a festive centrepiece.

“Our core year-round product ranges, combined with high-quality new product launches, continue to strengthen our customer relationships, and support our ongoing success.”

Looking ahead, the board said it is “confident” in the food manufacturer’s outlook for 2025, describing it as having a “strong financial position” as it continues to invest in strategic opportunities.

Elsewhere, it pointed to automated facilities and strong customer relationships as areas of focus it will rely on to continue to “effectively mitigate the impact of ongoing wage inflation, though as an international business”.

The news comes after the food business’ half year results saw pre-tax profit rise 25.3% to £33.5m, underpinned by “continued positive momentum” in its seafood business.

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