Hilton Food Group (HFG)

Sector:

Food

Index:

FTSE 250

1,028.00p
   
  • Change Today:
      31.00p
  • 52 Week High: 1,088.00
  • 52 Week Low: 884.00
  • Currency: UK Pounds
  • Shares Issued: 81.72m
  • Volume: 118,313
  • Market Cap: £840.04m
  • RiskGrade: 110

Hilton Food says trading in line, outlook positive

By Michele Maatouk

Date: Thursday 11 Jan 2018

LONDON (ShareCast) - (ShareCast News) - Specialist food packing business Hilton Food said on Thursday that its performance in the year to the end of December has been in line with the board's expectations.
Hilton said the performance reflects growth in a number of existing and new markets, as well as the positive impact of foreign currency translation. The company said it has continued to growth the business in Western Europe, with higher turnover particularly in the UK and Ireland. In Sweden and Denmark, meanwhile, sales have been up slightly, with "strong" Christmas fresh pizza sales in Sweden.

In Holland, although sales were lower due to reduced consumer demand, Hilton said it has continued to perform well. In Central Europe, the group's performance has improved in the second half in line with its expectations, as it continues to adapt its business model to the local environment.

Hilton also said that its joint venture in Australia has progressed well, with the Victoria plant delivering year-on-year growth as expected.

"Hilton's trading outlook remains positive, with growth prospects underpinned by the expansion plans announced in the last year covering Australia, Portugal, Central Europe and New Zealand, as well as further opportunities arising from the Seachill acquisition.

"The group's financial position is strong, positioning us well for further expansion. Hilton remains well placed to deliver continued growth over the medium term enhanced by further opportunities to develop our cross category business in both domestic and overseas markets."

At 0940 GMT, the shares were up 3% to 865p.

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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 1,028.00p
Change Today 31.00p
% Change 3.11 %
52 Week High 1,088.00
52 Week Low 884.00
Volume 118,313
Shares Issued 81.72m
Market Cap £840.04m
RiskGrade 110

HFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.15% below the market average96.15% below the market average96.15% below the market average96.15% below the market average96.15% below the market average
93.33% below the sector average93.33% below the sector average93.33% below the sector average93.33% below the sector average93.33% below the sector average
Price Trend
76.30% above the market average76.30% above the market average76.30% above the market average76.30% above the market average76.30% above the market average
92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average92.86% above the sector average
Income
64.77% below the market average64.77% below the market average64.77% below the market average64.77% below the market average64.77% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average
Growth
51.97% above the market average51.97% above the market average51.97% above the market average51.97% above the market average51.97% above the market average
86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average86.67% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 3
Sell 0
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-19 30-May-19
Paid 29-Nov-19 28-Jun-19
Amount 6.00p 15.80p

Trades for 20-Sep-2019

Time Volume / Share Price
16:48 53 @ 1,028.00p
16:43 20,000 @ 1,028.00p
16:40 40,228 @ 1,028.00p
16:29 319 @ 1,020.06p
16:29 43 @ 1,020.00p

HFG Key Personnel

CFO Nigel Majewski
CEO Philip Heffer

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