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 sees trading in line despite tough environment

By Frank Prenesti

Date: Monday 20 May 2024

LONDON (ShareCast) - (Sharecast News) - Hilton Food said trading in the year to date had been in line with expectations, with volumes and sales ahead of last year despite a challenging economic environment and lower raw materials prices in some of its markets.
UK & Ireland volumes and revenue were ahead of last year, benefiting from a strong Easter trading period as well as slowing inflation and good growth in Ireland, while the momentum of turnaround at its UK Seafood operation continued, the company said in an update on Monday.

In continental Europe, Hilton's core meat and easier meals business reported volume and revenue ahead of last year, while in Asia-Pacific there was more normalised volume growth following a strong 2023, with revenue seeing some impact from changes in mix and deflation.

"We continue to build our long-term partnership with Walmart in Canada and remain on track for the 2027 launch of our multi-protein facility, starting with beef, lamb, pork, seafood, some added-value products and robotised store order picking services," the company said ahead of its annual general meeting.

"We are well placed to deliver long-term value to all stakeholders through our customer partnerships and with our strong financial position we continue to explore further growth opportunities and wider geographic expansion."

Reporting by Frank Prenesti for Sharecast.com

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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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