Hilton Food Group (HFG)

Sector:

Food

Index:

FTSE 250

907.00p
   
  • Change Today:
    -9.00p
  • 52 Week High: 942.00p
  • 52 Week Low: 637.00p
  • Currency: UK Pounds
  • Shares Issued: 89.70m
  • Volume: 29,325
  • Market Cap: £813.60m
  • RiskGrade: 184

Hilton Foods shares rise on in-line trading update

By Benjamin Chiou

Date: Tuesday 07 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Hilton Foods shares were rising on Tuesday after the food producer said third-quarter revenues had increased, as strong operating momentum seen in the first half continued.
The company, which specialises in meat processing and packing services, said it continues to trade in line with the board's expectations, and that the financial position remains strong with leverage at "comfortable levels".

Revenue in the period between 16 July and 29 October was said to be ahead of the prior year, though the company did not disclose by how much, following a 5.2% increase in sales to £2.1bn in the first half.

The company said it saw continued progress, despite the ongoing impact of raw material price increases, after a strong performance in the Asia Pacific region, strength in the core meat category, and the benefits of a full year of trading of the Foppen business in Europe following its acquisition in 2022.

"Our industry leading technology and outstanding multi-category food products provide us with a strong platform for sustained growth and we continue to explore opportunities in our existing and new markets as we deliver on our strategy of becoming the international protein partner of choice," Hilton Foods said.

The share price was up 3.7% at 670p by 0954 GMT.

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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 907.00p
Change Today -9.00p
% Change -0.98 %
52 Week High 942.00p
52 Week Low 637.00p
Volume 29,325
Shares Issued 89.70m
Market Cap £813.60m
RiskGrade 184

HFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.62% below the market average74.62% below the market average74.62% below the market average74.62% below the market average74.62% 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
45.34% above the market average45.34% above the market average45.34% above the market average45.34% above the market average45.34% above the market average
51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average51.72% above the sector average
Income
34.52% above the market average34.52% above the market average34.52% above the market average34.52% above the market average34.52% 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
18.69% below the market average18.69% below the market average18.69% below the market average18.69% below the market average18.69% 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 19-Jul-2024

Time Volume / Share Price
16:35 17,488 @ 907.00p
16:35 14 @ 907.00p
16:35 163 @ 907.00p
16:35 122 @ 907.00p
16:35 48 @ 907.00p

HFG Key Personnel

CFO Matt Osborne

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