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Hilton Food ( (GB:HFG) ) has provided an announcement.
Hilton Food Group PLC reported strong trading for the full year up to December 2024, with results expected to align with forecasts. The company experienced robust growth across all geographic regions, particularly in core retail meat volumes, new premium product launches, and a successful Christmas trading period. Despite raw material price deflation impacting revenue in the APAC region, volumes remained strong, supported by innovations like the BBQ range. The company’s financial stability allows continued strategic investments, although foreign exchange rates remain a focal point due to the international scope of operations.
More about Hilton Food
Hilton Food Group PLC is a leading international multi-protein food business focused on core retail meat and foodservice, with a strong presence in regions like the UK, Ireland, Europe, and APAC. The company is known for its meat products, including seafood and vegan/vegetarian segments, and maintains strategic partnerships, such as with Walmart, while planning expansion into Canada.
YTD Price Performance: -1.21%
Average Trading Volume: 142,183
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £813.4M
See more data about HFG stock on TipRanks’ Stock Analysis page.
