Hilton Food Group PLC (GB:HFG)
LSE:HFG
Earnings Data
Report Date
Sep 09, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.26Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a mixed picture: the group has a resilient core meat business, strong liquidity (refinanced GBP 450m RCF) and has realized material value from disposals, with growth projects (Canada, Saudi Arabia, Poland) progressing. However, these positives are counterbalanced by material underperformance and cash/exceptional costs in seafood, vegetarian/vegan segments (Seachill, Foppen, Dalco), inventory write-offs and restructuring charges, and a guidance-led reduction in adjusted PBT for 2026. Management has set a clear strategic plan and financial framework to address weaknesses and target mid-single-digit operating profit growth and >20% ROCE over the medium term, but there are material near-term headwinds and elevated capex/cash demands.Company Guidance
Resilient Core Business
Core meat and fresh prepared food businesses account for ~90% of revenue and remained stable despite a challenging environment: volumes from continuing operations rose 0.2% and core meat volumes in the U.K. were only slightly down despite beef inflation of more than 30%. APAC delivered volume growth and Central Europe achieved double-digit growth in fresh prepared foods.
Revenue Growth (Inflation-Driven)
Constant-currency revenue increased 11.9% year-on-year, largely reflecting higher raw material input costs rather than volume-led growth.
Solid Adjusted Profit and Controlled Decline
Adjusted profit before tax was GBP 73.2m (down ~2.8–3% YoY). From continuing operations (excluding Fairfax Meadow) PBT was GBP 69.0m (down ~1%). The company maintained a progressive dividend policy with full-year dividend per share up 1.4% to 35p and the final dividend flat.
Strengthened Balance Sheet and Liquidity
Net bank debt improved slightly to GBP 126.7m with net debt-to-EBITDA of 0.9x (comfortable leverage). Successfully refinanced a GBP 450m revolving credit facility for at least five years, enhancing funding flexibility.
Realized Portfolio Value and Cash Returned
Profits on disposals totaled GBP 66.5m from sales of Fairfax Meadow and Foods Connected, simplifying the portfolio while realizing significant value. The group returned GBP 31.5m to shareholders in 2025.
Growth Projects Progressing
Canada and Saudi Arabia expansion projects remain on track: GBP 55m spent to date on the Canada project with production testing planned in H2 and commercial contribution expected from 2027 (full contribution by 2029). Planned investment of up to GBP 30m to expand capacity in Poland targeting fresh prepared foods and ROCE above 20% for the project.
Clear Strategic Refresh and Financial Framework
Management refreshed strategy to 'maximize the core, enhance the mix and expand geographically', set medium-term targets including mid-single-digit average operating profit growth, ~100% cash conversion (free cash flow/net income) on average, and a group ROCE target of at least 20%.
GB:HFG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
GB:HFG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 31, 2026 | 491.50 p | 511.00 p | +3.97% |
Sep 03, 2025 | 809.40 p | 668.59 p | -17.40% |
Apr 08, 2025 | 814.49 p | 820.23 p | +0.70% |
Sep 04, 2024 | 921.47 p | 899.69 p | -2.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Hilton Food Group PLC (GB:HFG) report earnings?
Hilton Food Group PLC (GB:HFG) is schdueled to report earning on Sep 09, 2026, TBA (Confirmed).
What is Hilton Food Group PLC (GB:HFG) earnings time?
Hilton Food Group PLC (GB:HFG) earnings time is at Sep 09, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Hilton Food Group PLC stock?
The P/E ratio of Hilton Food is N/A.
What is GB:HFG EPS forecast?
Currently, no data Available