Hilton Food Group (HFG)

Sector:

Food

Index:

FTSE 250

900.00p
   
  • Change Today:
    -14.00p
  • 52 Week High: 985.00p
  • 52 Week Low: 646.00p
  • Currency: UK Pounds
  • Shares Issued: 89.70m
  • Volume: 144,023
  • Market Cap: £807.32m
  • RiskGrade: 184

Facilities will remain open, Hilton Food confirms

By Abigail Townsend

Date: Wednesday 25 Mar 2020

LONDON (ShareCast) - (Sharecast News) - All of Hilton Food Group's facilities will remain fully functional during the coronavirus outbreak, the international packaging specialist confirmed on Wednesday, as it delayed publication of its full-year results.
The FTSE 250 firm, which has delayed publication at the request of the Financial Conduct Authority, said it had performed "slightly ahead" of expectations in the year to 29 December, with "strong" sales and volume growth "driven primarily by our operations in Australia as well as the UK, and also reflecting good growth in a number of existing and new markets".

Looking ahead, it said: "Hilton's trading outlook remains positive, with significant growth prospects underpinned by previously announced expansion plans in Australia, central Europe and subsequently in New Zealand, as well as the move into fish via the Seachill acquisition and the roll-out of vegetarian products." Hilton acquired chilled fish supplier Seachill in 2017.

The firm also updated investors on the current Covid-19 outbreak.

"We remain focused during these challenging times on the wellbeing of employees and working with our customers...to help meet the currently increasing consumer demand for protein-based products," it said.

"All of our facilities remain fully operational, and in addition, we have established business continuity and flexible buy models and supply options, which may be tested during this period as we continue to play our part in feeding the nation and supporting ongoing demand."

As at 0830 GMT, shares in Hilton were trading 2% higher at 960.0p.

The financial regulator has asked listed companies to delay publication of preliminary results for "at least" a fortnight, to give them more time to assess the impact of the coronavirus and to reduce pressure on staff.

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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 900.00p
Change Today -14.00p
% Change -1.53 %
52 Week High 985.00p
52 Week Low 646.00p
Volume 144,023
Shares Issued 89.70m
Market Cap £807.32m
RiskGrade 184

HFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.79% below the market average79.79% below the market average79.79% below the market average79.79% below the market average79.79% 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
58.18% above the market average58.18% above the market average58.18% above the market average58.18% above the market average58.18% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income
24.23% above the market average24.23% above the market average24.23% above the market average24.23% above the market average24.23% above the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Growth
12.86% below the market average12.86% below the market average12.86% below the market average12.86% below the market average12.86% below the market average
18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above 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
  Interim Final
Ex-Div 31-Oct-24 30-May-24
Paid 29-Nov-24 28-Jun-24
Amount 9.60p 23.00p

Trades for 31-Oct-2024

Time Volume / Share Price
17:30 7,357 @ 899.94p
17:30 8,066 @ 899.94p
17:30 12,183 @ 899.94p
17:30 1,095 @ 899.94p
16:35 56,627 @ 900.00p

HFG Key Personnel

Chair Robert Watson
CFO Matt Osborne

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