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TSCO Tesco Plc

298.30
-1.50 (-0.50%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -0.50% 298.30 298.00 298.20 300.80 297.70 300.20 11,224,164 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 68.9B 1.19B 0.1670 17.85 21.2B

Hilton Food Secures Fresh Food Supply Contract From Tesco

24/08/2017 7:59am

Dow Jones News


Tesco (LSE:TSCO)
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LONDON--Meat packaging company Hilton Food Group PLC (HFG.LN) said Thursday that it has secured a five-year contract from a unit of U.K.'s supermarket chain Tesco PLC (TSCO.LN) for supplying fresh food items such as sandwiches, pizza, ready meals and soups.

The company also said the it has secured a separate five-year agreement to continue supplying pre-packed meat to Tesco's Central European stores.

Under the fresh food supply agreement with Tesco Central Europe, Hilton will invest around 6 million Euros ($7.07 million) to build a new factory in Poland. Production from the factory is anticipated to commence in the first half of 2019.

The fresh food supply agreement is part of Hilton's strategy of providing key retail customers with a diversified food offer.

 

Write to Tapan Panchal at tapan.panchal@wsj.com

 

(END) Dow Jones Newswires

August 24, 2017 02:44 ET (06:44 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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