Hilton Food Share Discussion Threads

[philprofit] 16/6/2012 10:10

Does aynone have any thoughts on why the share price has suddenly fallen? (I'm stumped- can't see any brooker downgrades, news etc)


Thanks Phil

[philw2009] 30/3/2012 10:38

Hilton Food Group tied to age of thrift

By Louise Lucas

Meatpacking is about as profitable as it is glamorous. Hilton Food Group's operating margins came in at 2.6 per cent last year, underscoring that meat is a volume game.

Unfortunately, rising prices and thrifty shoppers do not play to that: strip out the new operation in Denmark, and Hilton's packed meat volumes declined.

Expansion is Hilton's mantra, and has served it well: three-quarters of revenues now come from overseas. Yet it still relies on two big supermarket groups.

On 10.5 times earnings, the shares are at a discount to peers but the sector is a classic victim of penny-pinching consumers.

Bargain-hunting carnivores only need apply.

[philw2009] 29/3/2012 15:07

I love this boring stock.

When will we see 300p?

[cnx] 29/3/2012 09:07

good results again, with the usual cuation with the economic climate.

i also like the no nonsense yet comphrensive report.

also a long term holder

[18bt] 29/3/2012 07:43

Nice results today - slightly ahead of market forecasts. Great cashflow performance again. Slightly cautious outlook statement, but happy holding these on a forecast PE of under 11x with growth of >10% per annum expected for a few more years yet. Great long term wealth creator.

[philw2009] 02/2/2012 16:40

Three directors buying too!

[18bt] 31/1/2012 09:27

Bought in some more this morning on weakness following what looked like a good IMS.

[18bt] 04/11/2011 07:53

IMS looks good. Happy to hold these as a safe haven in this chaos

[philw2009] 14/9/2011 11:56

Glad to see these results. Hopefully now we'll see 300p and beyond.

[cnx] 14/9/2011 02:00

good results in difficult period and some cautious optimism going forward

increased dividend shows confidence.

happy to hold food shares for long term

[philw2009] 02/6/2011 14:37

Slight pull-back seems to have turned into a steep push forward!

[philprofit] 17/5/2011 13:54

Bought into this sometime ago-
Any opinions on whether this is has hit the "top"?

Interim Statement seemed good - but seen slight "pull-back" in Share Price

[philw2009] 17/5/2011 12:09

Hilton Food Group plc

INTERIM MANAGEMENT STATEMENT

Hilton Food Group plc, Europe's leading specialist retail meat packing business, provides its Interim Management Statement for the period from 3rd January 2011 to date.

During the period, our trading has been in line with the Board's expectations.Despite challenging conditions for the consumer in some markets, we have continued to benefit from our geographical diversity and grow the business.

In Western Europe we have made good progress and have benefited from the continuing recovery in the Swedish economy. In addition, our new facility in Denmark which was opened three months ahead of the Board's original timing, is proceeding well and in the second half of 2011, we will install a new robotic store order picking facility which will further extend the range of services provided by Hilton. Our business in Central Europe, where Hilton supplies customers in seven countries, has continued to perform well.

Net debt has grown in line with management expectations as a result of the investment in the new packing plant in Denmark.The Group's financial position remains strong.

Overall, Hilton is encouraged by the start to the current financial year.The Group will continue to explore opportunities to grow the business in both domestic and overseas markets.

The Group expects to issue a Pre-Close Trading Statement on 21 July 2011 and its Interim Results for the 28 weeks ended 17 July 2011 on 13 September 2011.

[18bt] 04/5/2011 19:31

Bought into the yield and growth story.

[cnx] 01/4/2011 01:44

excellent results and going forward looks sound

[engineer66] 17/3/2011 23:10

Positive trading statment in January and still on the way up. Take a look at 1 year and 3 year charts - outperforms UKX.

[cnx] 15/1/2011 05:06

matt
it's profit taking only.the share price back where it was two weeks ago

[lennonsalive] 14/1/2011 09:40

Matt,
It has something to do with the sells in double figures and one buy.

Hardly a ground shaking statement either.

[thepopeofchillitown] 14/1/2011 09:35

Rather underwhelming statement imo. Doesn't warrant recent spike. Long term this is an excellent compnay. Have held before and will buy again.

[matt696969] 14/1/2011 08:43

So why the downtrend this morning then? Don't understand - only been trading since mid november

[philw2009] 14/1/2011 07:29

HILTON FOOD GROUP PLC

TRADING STATEMENT FOR THE 52 WEEKS ENDED 2nd JANUARY 2011

Hilton Food Group plc, Europe's leading specialist retail meat packing business, is today providing an update on trading for the 52 weeks ended 2nd January 2011.

We are pleased to report that the Group has performed well, with trading for the period in line with the Board's expectations. The Company has delivered further turnover growth, reflecting strong volume increases partly offset by the effect of product mix.

We have continued to see good growth particularly in the Netherlands and Central Europe, the latter driven by increased volumes across all our business segments. In Sweden, the economy has shown signs of recovery over the last few months and we are pleased that this has translated into higher sales to our customer. In Ireland, we have worked closely with our customer to deliver value to the consumer through exceptional economic conditions.

Hilton's investment in Denmark is on schedule, both in terms of construction timetable and budget. The new factory, which is in the process of being equipped to a high standard, will have the flexibility to meet the future requirements of the customer, and will be ready for a second quarter 2011 start-up.

The Group's balance sheet remains strong, with net debt at budgeted level, leaving us well positioned for future expansion.

The trading environment in 2011 is likely to remain challenging, but we believe Hilton is well placed to deliver continued growth. We continue to explore further opportunities to develop our business in both domestic and overseas markets.

The Group intends to publish its full year results on Thursday 31st March 2011.

[marknicho] 14/1/2011 07:25

TS this morning.....In line with expectations...Denmark on course for Q2 production....well positioned for future expansion