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Birmingham Post
Birmingham Post
Business
David Laister

Hilton gets seafood back on track after price pressure put brakes on profits

Hilton Food Group has told how progress is being made in turning round the fortunes of its Grimsby fish processing business.

Late last year the company reeled in profit forecasts due to “unprecedented pressures on seafood”.

The FTSE-listed firm outlined how price mitigation measures and passing rises through to retailers was taking longer than anticipated from its two huge plants. It subsequently closed its traditional smoking operation in the town.

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