hilton food

Food packing firm Hilton Food Group (LON:HFG) reported trading in line with expectations for the first half of the year, as it looks to expand both domestically and overseas.

In a trading update for the 28 weeks to the 15 July the company reported growing UK turnover, with “encouraging” growth in its Irish business.

Its business in Holland reported lower turnover than in 2017, but the group added that in Portugal “good progress” was being made.

The company also said first-half double-digit growth was achieved in Australia.

“The group’s financial position remains strong and Hilton continues to explore opportunities to invest and grow the business in both domestic and overseas markets,” Hilton Food Group said.

Shares in the company are currently trading up 1.23 percent on the news at 984.00 (1034GMT).

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Miranda is the online editor of UK Investor Magazine. Her interests include private equity, crowdfunding, peer-to-peer lending, gender equality and coffee.