Hilton Food Group (HFG)

Sector:

Food

Index:

FTSE 250

916.00p
   
  • Change Today:
      3.00p
  • 52 Week High: 942.00p
  • 52 Week Low: 637.00p
  • Currency: UK Pounds
  • Shares Issued: 89.70m
  • Volume: 141,554
  • Market Cap: 821.67m
  • RiskGrade: 184

Hilton Food trading in line, hails 'pleasing' festive performance

By Michele Maatouk

Date: Thursday 12 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Hilton Food Group said on Thursday that full-year trading was in line with its expectations as it hailed a "pleasing" performance in the run-up to Christmas.
In an update for the year to 1 January 2023, the food packaging business pointed to continued revenue growth versus a year earlier.

In Asia Pacific, it saw strong top-line growth from its three facilities in Australia. This, along with the first full year of trading at its New Zealand food park, delivered further volume and revenue growth.

In the UK and Ireland, meanwhile, Hilton said it continued to make progress, with a strong Christmas trading period. The company also continued its investments in automation, the benefits of which will be seen in 2023.

"Recent progress to pass through and mitigate unprecedented inflationary cost increases, particularly in the UK Seafood business, have been encouraging and leave us well placed as we start the new year," Hilton said. "This work has progressed alongside a total business review in UK Seafood, which is starting to deliver positive results."

The group said its other businesses in Europe performed well, with revenue ahead of the previous year, thanks to the acquisition of Foppen and particularly strong trading in Central Europe.

"Given the recent trading performance and the group's strengths, including a diversified product offering, state-of-the art facilities, our technology driven supply chain expertise, and our strong position in ESG, the board remains confident in the outlook for 2023, despite the wider macroeconomic challenges," it said.

"The group's financial position continues to be strong with leverage and headroom at comfortable levels."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HFG Market Data

Currency UK Pounds
Share Price 916.00p
Change Today 3.00p
% Change 0.33 %
52 Week High 942.00p
52 Week Low 637.00p
Volume 141,554
Shares Issued 89.70m
Market Cap 821.67m
RiskGrade 184

HFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.88% below the market average74.88% below the market average74.88% below the market average74.88% below the market average74.88% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Price Trend
49.41% above the market average49.41% above the market average49.41% above the market average49.41% above the market average49.41% above the market average
44.83% above the sector average44.83% above the sector average44.83% above the sector average44.83% above the sector average44.83% above the sector average
Income
33.59% above the market average33.59% above the market average33.59% above the market average33.59% above the market average33.59% above the market average
14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average14.29% above the sector average
Growth
18.84% below the market average18.84% below the market average18.84% below the market average18.84% below the market average18.84% below the market average
11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average11.11% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 1
Sell 1
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HFG Dividends

  Latest Previous
  Final Interim
Ex-Div 30-May-24 02-Nov-23
Paid 28-Jun-24 01-Dec-23
Amount 23.00p 9.00p

Trades for 18-Jul-2024

Time Volume / Share Price
16:38 8,490 @ 916.00p
16:36 65 @ 916.00p
16:35 34,760 @ 916.00p
16:35 129 @ 916.00p
16:35 126 @ 916.00p

HFG Key Personnel

CFO Matt Osborne

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