Hilton Food Group (HFG)

Sector:

Food

Index:

FTSE 250

1,022.82p
   
  • Change Today:
    -15.18p
  • 52 Week High: 1,088.00
  • 52 Week Low: 884.00
  • Currency: UK Pounds
  • Shares Issued: 81.72m
  • Volume: 4,955
  • Market Cap: £835.87m
  • RiskGrade: 126
  • Beta: 0.47

Hilton Food trading in line despite Dutch revenue dip

By Duncan Ferris

Date: Thursday 18 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Hilton Food Group said on Thursday that trading in the first half of its financial year has been broadly in line with expectations, with a slight dip in turnover from the Netherlands offset by "strong double-digit growth" in Australia and good progress in Western Europe at large.
UK revenue growth in the 28 weeks ended 14 July has been achieved through strong volume growth in the FTSE 250-traded company's Seachill fish business due to recent business wins, while Hilton's Irish and Portuguese businesses also growth in the first half.

Trading was also in line in Central Europe following the opening of a new fresh food facility.

Meanwhile in Australia, strong double-digit growth was underpinned by the volumes being processed at the Morningside satellite facility in Brisbane, Queensland.

Production at a new state-of-the-art facility at Heathwood in Brisbane will begin in the third quarter, while progress in developing a facility in New Zealand, which includes the company's first non-UK based fish unit, has also continued in line with Hilton's plans.

The food packing business added its financial position remains strong despite the development of new facilities in Brisbane and New Zealand, with the business continuing to explore further opportunities to expand.

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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 1,022.82p
Change Today -15.18p
% Change -1.46 %
52 Week High 1,088.00
52 Week Low 884.00
Volume 4,955
Shares Issued 81.72m
Market Cap £835.87m
Beta 0.47
RiskGrade 126

HFG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.99% below the market average95.99% below the market average95.99% below the market average95.99% below the market average95.99% below the market average
93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average93.1% below the sector average
Price Trend
64.99% above the market average64.99% above the market average64.99% above the market average64.99% above the market average64.99% 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
Income
65.35% below the market average65.35% below the market average65.35% below the market average65.35% below the market average65.35% below the market average
62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average62.5% below the sector average
Growth
53.25% above the market average53.25% above the market average53.25% above the market average53.25% above the market average53.25% 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 4
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 8
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 12-Nov-2019

Time Volume / Share Price
13:15 217 @ 1,022.82p
12:02 97 @ 1,028.16p
09:44 156 @ 1,024.00p
09:23 45 @ 1,032.00p
09:23 25 @ 1,032.00p

HFG Key Personnel

CFO Nigel Majewski
CEO Philip Heffer

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