date:Apr 01, 2013
UK meat packer Hilton Food Group has booked a slight increase in profit for 2012, boosted by higher sales in the period.
The company said today (28 March) that net profit grew by 1.9% to GBP18.9m (US$28.6m) in the 12 months to 30 December. Operating profit edged up 0.3% in the 12 months, rising to GBP26m.
Gains were driven by higher sales, which rose 5.1% to GBP1.05bn. Volume expansion contributed 4.8% to revenue gains. The company emphasised the result was achieved in the face of challenging