Hilton Food ( (GB:HFG) ) has issued an update.
Hilton Food Group PLC reported strong performance for the 52 weeks ending December 29, 2024, with significant volume growth in its core retail meat market across the UK, Europe, and APAC regions. The company is expanding internationally, with plans to enter Saudi Arabia in 2026 and launch operations in Canada by 2027. Financially, Hilton Foods saw a 4.4% increase in volume and a 1.9% rise in revenue on a constant currency basis. Adjusted operating profit increased by 11.9%, and the company maintained a strong cash flow and reduced net bank debt. The company is committed to sustainability, achieving a top 1.5% CDP Climate score, and continues to invest in automation and strategic partnerships to drive future growth.
More about Hilton Food
Hilton Foods is a leading international food manufacturer, specializing in high-quality meat, seafood, plant-based foods, and pre-prepared meals. The company operates with over 8,000 employees across 24 state-of-the-art facilities, serving 19 markets in Europe, Asia Pacific, and North America. Hilton Foods focuses on long-term partnerships with retailers and suppliers, emphasizing innovation, automation, and sustainability to meet evolving consumer needs.
YTD Price Performance: -6.17%
Average Trading Volume: 151,737
Technical Sentiment Signal: Sell
Current Market Cap: £768.6M
For a thorough assessment of HFG stock, go to TipRanks’ Stock Analysis page.