April 5, 2010

Hilton Food pre-tax profits up 15.8%

Retail meat packing specialist Hilton Food Group unveils a 15.8% jump in pre-tax profits.

The firm posts profits of US$20.1 million for the 53 weeks to the end of January compared with US$17.3 million for the 52 weeks to December 28, 2008.

Revenues rose 13.2% to 826.1m and operating profits increased 7.5% to US$21.7 million while net debt fell 28% to US$20.6 million. Meanwhile, dividends total 9.36p - up 15% on last time.