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Hilton Food Group hit by consumer spending slowdown

Geographic expansion and investment in technology can't help the company escape the impact of the cost of living crisis
September 16, 2022
  • Inflation blamed for falling operating margins
  • Company thinks acquisitions will aid medium-term growth

As the cost of living increases, so do reports of consumers cutting back on their consumption of meat and poultry. It should therefore come as no surprise that meat-packing company Hilton Food Group (HFG) has predicted that profits for this financial year will fall below management’s previously stated expectations. 

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