Hilton Food Group Plc has revealed that it experienced “continued strong volume growth” across all regions during the 52-week period to 29th December 2024.
Seafood delivered a full year profit improvement with “strong volume performance” during the festive period. Its core retail meat and foodservice across UK & Ireland saw continued strong volume and revenue performance in the final quarter, driven by a successful Christmas trading period and launch of new premium products.
In Europe, core meat ranges and convenience meals delivered strong performance throughout the year, including during the Christmas period.
The Group stated that it would continue to implement its recovery plan for Dalco with the vegan and vegetarian segment.
2025 Outlook
Hilton said it was confident in its 2025 outlook, which it said was underpinned by a strong financial position “that allows continued investment in strategic opportunities”.
Steve Murrells CBE, group chief executive of Hilton Foods, commented: “The final quarter of the year has delivered a strong performance, with the full-year outturn in line with expectations. 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.”
