Hilton Food Share Discussion Threads

[philanderer] 10/6/2015 07:59

Hilton Food Group ‘meating expectations’

Hilton Food Group (HFG) will benefit from Tesco taking a larger share of the red meat market as well as internal efficiencies.

Peel Hunt analyst Charles Hall retained his ‘buy’ recommendation and target price of 520p on the stock following a visit to Hilton’s factory where he said the company was ‘meating expectations’. Hilton shares fell 0.7% to 485p yesterday.

‘The site visit to Huntingdon clearly demonstrated an efficient plant and removed any lingering concerns about the issues last year and the performance of Tesco’s red meat business,’ he said.

‘This is a win-win relationship, as Tesco’s red meat market share is improving and they are achieving a lower cost per unit as the businesses share the efficiency gains. Hilton’s volumes at Huntingdon will rise initially by 40%, with plenty of spare capacity available.’

[philw2009] 08/6/2015 16:46

Hilton Food Grp Plc
Investor and analyst visit to UK facility
RNS Number : 4303P
Hilton Food Group PLC
08 June 2015


Hilton Food Group plc

Investor and analyst visit to UK facility


Hilton Food Group is hosting visits to its UK facility in Huntingdon by investors and analysts on Monday 8th and Tuesday 9th June 2015. No new financial information will be disclosed over the course of the visit, which is being held to give investors and analysts a first-hand view of Hilton's capacity expansion and modernisation programme at the facility and the opportunity to meet local management.



and a nice bounce up from this today... 500p can't be long now.

[philanderer] 08/6/2015 12:38

Shore Capital reiterating their 'buy' today

[philanderer] 01/6/2015 15:48

2 x 400k+ trades @ 462p showing today

[philanderer] 29/5/2015 11:25

4000 @ 460p seems to have nudged us up

[philanderer] 27/5/2015 14:52

xd for the 9.5p tomorrow morning

[philanderer] 20/5/2015 16:13

Couple of big trades printed today..

64k @ 445p
40k @ 446p

[philanderer] 13/5/2015 08:01

New opportunities ahead for Hilton Food Group

A turnaround at Tesco and new potential customers mean the opportunities for Hilton Food Group (HFG) are looking up.

Peel Hunt analyst Charles Hall retained his ‘buy’ recommendation and target price of 520p on the shares, which fell 0.6% to 436p yesterday.

‘Trading year-to-date is in line with expectations, with good progress being made in a number of markets. The company is continuing to explore opportunities with a number of potential customers that could add materially to profits in due course,’ he said.

‘We continue to see Hilton’s open book relationship with customers as a key strength. In addition, the turnaround at Tesco is helpful for both performance and sentiment.

‘We are expecting a significant improvement in profits over the next two years as the contracts with Woolworths and Tesco come through. Furthermore, we would expect Hilton to announce further new contracts in due course.’

[philanderer] 12/5/2015 08:06

No surprises , all as expected.


David Buik @truemagic68 · 12 minutes ago

Panmure's Jonathan Leinster confirms a 'BUY' recommendation for HILTON FOODS

----------------------------

12th may Panmure buy tp 570p
12th may Numis buy tp 534p

reiterations

[philanderer] 08/5/2015 07:54

Hilton Food Group plc (LON:HFG)‘s stock had its “buy” rating reaffirmed by equities researchers at Numis Securities Ltd in a research report issued on Thursday. They currently have a 534p price objective on the stock

[philanderer] 06/5/2015 10:25

Small top up @ 439.9p

[philanderer] 16/4/2015 19:32

In for a few today , luck to all.

FWIW:

31st march Numis buy tp 534p
31st march Investec buy tp 474p
25th march Shorecap buy -
25th march Panmure buy tp 600p

25th march ++++ finals ++++

[philw2009] 09/4/2015 15:34

Still heading North...

[m.t.glass] 26/3/2015 09:10

Market more in agreement with you than me so far - bet got stopped out. Hey ho.

[philw2009] 25/3/2015 13:34

I don't really see much to make it a sell either.

I bought in 2012 and still happy to hold with 65% gain since then.

Solid business, good management and investment in future growth - no reason for share price slippage.

I'd wager it will be back above 500p before long.

[m.t.glass] 25/3/2015 08:08

Nothing in today's results from Hilton Food Group (HFG) to make it a buy. Anyone who was clever enough to get in at the low of last October may well be tempted to bank the 16% they've made, and not wait for the May/June dividend which might be outweighed by share price slippage. The share price has continued upward since the Food Producers sector turned downwards at the end of January - and it might continue to do so - but I've opened a tentative wee downbet ;o)

[fludde] 05/11/2014 08:06

So will have to wait until next year to find out what the impact of the Tesco slow down will have on sales here in the UK.

[fludde] 22/10/2014 07:38

Even if Tesco were not in trouble, the mish-mash of the IT systems Hilton have would concern me here.

[philw2009] 17/7/2014 10:57

Not exactly resoundingly positive, but I still love this boring stock.


Hilton Food Group plc
17th July 2014

TRADING STATEMENT FOR THE 28 WEEKS ENDED 13th JULY

Hilton Food Group plc, the leading specialist retail meat packing business supplying major international retailers in Europe and Australia, provides its Trading Update for the 28 weeks ended 13th July.

During the period, the Group's performance has been in line with the Board's expectations. As anticipated, challenging conditions for the consumer have been experienced in some countries and the continuing appreciation of sterling against a number of the currencies in which Hilton trades will have an effect on our results, as reported in sterling. Meanwhile we have continued to grow the business,through additional volumes and close cooperation with our retail partners.

In Western Europe we have made good progress against a backdrop of lower raw material prices. In the UK, under our new agreement with Tesco, volumes have continued to build towards anticipated levels. In the Dutch market, where the economy has been subdued, we are benefiting from new product lines introduced in 2013. In Sweden, development work to renew facilities and extend capacity is progressing well. The Irish business, as expected, remains constrained by local conditions, though we are well placed to support business growth once the economy improves. In Central Europe, we continue to work closely with our customers across seven countries to support business development.

In Australia, development work by the Joint Venture at Victoria is proceeding in line with the agreed plan, with construction well underway.

The Group's financial position remains strong and Hilton continues to explore opportunities to grow the business in both domestic and overseas markets.

The Group expects to publish its Half Year results for the 28 weeks ended 13th July 2014 on 9th September 2014.

[undervaluedassets] 02/4/2014 12:08

Big director buy today.

[cnx] 17/1/2014 05:19

10th January 2014

HILTON FOOD GROUP PLC

TRADING STATEMENT FOR THE 52 WEEKS ENDED 29(th) DECEMBER 2013

Hilton Food Group plc ("Hilton" or the "Group"), Europe's leading specialist international meat packing business, is today providing an update on trading for the 52 weeks ended 29(th) December 2013. The Group intends to publish its full year results on Thursday 27th March 2014.

We are pleased to report that the Group has performed in line with the Board's expectations. In Western Europe, new products in Holland,a new production line in Denmark and the performance of our UK business were the primary drivers of turnover growth in that region. Growth in these countries was partly offset by weak demand in Ireland, which has not yet resumed growth and a steady performance in Sweden, reflecting economic conditions in the country. In Central Europe, the Group's trading has been in line with our expectations despite challenging market conditions.

Hilton's joint venture in Australia continues to make good progress. New packaging formats have been launched for pork, lamb and beef in Western Australia and a large part of the Bunbury plant reconfiguration has now been completed. In Victoria, preparation for the construction of the new facility in Melbourne is underway. We are also now providing support to Woolworths with the operation of its Brismeats facility near Brisbane.

As reported in our recent update regarding Western Europe made on 2(nd) December 2013, we expect the impact of consumer weakness in Western Europe to be wholly offset over 2014 by the positive effect of our new agreement with Tesco in the UK, for which the full benefit is expected in subsequent years. The Group's balance sheet remains strong, leaving us well positioned for future expansion and we remain well placed to deliver continued growth over the medium term and will continue to explore further opportunities to develop our business in both domestic and overseas markets.

[cnx] 10/1/2014 01:19

last year there was a trading update on jan8

[warrensearle] 10/9/2013 06:35

Another solid set of results and those Australian profits will ramp up materially over next 12 months