Hilton Food Group’s seafood profits to fall short of 2022 expectations

A Hilton Food Group processing plant.

Huntingdon, U.K.-based Hilton Food Group reported Q3 2022 sales and revenue in line with its expectations, despite the headwind of inflationary pressures.

However, the company said profit levels for its seafood business for 2022 will not meet previous expectations, though it said the group was “well-placed” for 2023.

Hilton Food Group entered the seafood sector in 2017 with its purchase of chilled fish supplier Seachill in 2017, and subsequently expanded its holdings with the acquisition of Dutch Seafood Company in 2021 ... 

Photo courtesy of Hilton Food Group

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