Hilton raises profits but outlook uncertain
13th Sep 2011 08:49
Hilton Food Group increased profits despite being hit by the tough trading conditions, including rising meat prices. The meat packing company posted pre-tax profits of £12.6m in the 28 weeks to 17 July, a 9% increase on the year before. Basic earnings per share were 12.8p, also an increase of 9%.
Read moreSunday tips round-up: United Utilities, Flybe, Hilton Food
24th Jul 2011 17:15
While they have underperformed the market in the last two years, and although not cheap in terms of its forward PE multiple, the Questor team at The Telegraph believes that shares of United Utilities remain a buy. The above is due to the long-term potential of the water sector and the security affor
Read moreHilton Food gives downbeat outlook
21st Jul 2011 14:06
Meat packing firm Hilton Food Group said trading was in line with expectations despite higher raw materials prices and challenging market conditions but gave downbeat outlook for the remainder of the year, sending its shares lower. Hilton Food said, "The trading environment for the rest of 2011 is
Read moreProgress continues at Hilton Food
17th May 2011 14:59
Meat packing firm Hilton Food has traded 'in line' over the year-to-date, despite a challenging consumer environment, as it "continued to benefit from [its] geographical diversity and grow the business." The group - which supplies international food retailers such as Tesco and Ahold - highlight goo
Read moreHilton Food director tucks in
1st Apr 2011 17:08
Colin Smith, a non-executive director at Hilton Food Group has taken his first shares in the meatpacker after it posted a rise in profits. He took 30,000 at 258p a time, spending £77,400. Hilton, whose customers include the supermarket giant Tesco and Dutch retailer Ahold, said pre-tax profits for
Read moreTough conditions boost pork demand, says Hilton Food
31st Mar 2011 07:55
Shoppers reacted to tough economic conditions last year by stocking up on pork rather than more expensive meats, the meatpacker Hilton Foods said as it posted a rise in sales and profits. Pre-tax profits for the year to 2 January were up by 10.7% from the previous 53 week period to £22.2m, said Hi
Read moreWeekend tips round-up: Petra Diamonds, Wasabi, Hilton Food...
16th Jan 2011 11:56
Petra Diamonds has benefited from a recovery in diamond prices - and it has put in a very strong share price performance over the past few months. The price of rough diamonds is now above the peak seen in 2008, before the credit crisis really hit home. Petra said last week that, in the six months t
Read moreLondon close: Late recovery not enough
14th Jan 2011 16:39
Shares came off their lows ahead of the close, helped by an improvement on Wall Street, but still finished in the red, with miners among the fallers. The sector was hurt by speculation that commodity hungry China may raise interest rates to cool inflation. The economic powerhouse has lifted reserve
Read moreLondon afternoon: Deficit narrows
14th Jan 2011 15:15
A recovery on Wall Street has helped London narrow losses, although the leading index is in danger of ending the week below 6,000. Miners are still lower amid speculation that commodity hungry China may raise interest rates to cool inflation. The economic powerhouse has lifted reserve requirements
Read moreLondon midday: Mining retreat drags FTSE 100 lower
14th Jan 2011 12:11
FTSE 100 is now firmly in the red as miners retreat amid speculation that commodity hungry China may raise interest rates to cool inflation. The east Asian economic powerhouse has lifted reserve requirements on banks, underlining its determination to deal with inflation. Meanwhile, an increase in
Read moreLondon open: Intel results give ARM a leg-up
14th Jan 2011 08:37
Leading shares are mixed at the outset leaving the blue-chip index barely changed. Sparkling results after the bell in New York yesterday from chip-maker Intel has whetted appetite for chip designer ARM Holdings. The stock smashes its way to another 52-week high and is up 40% over the last month.
Read moreHilton Food meets targets
14th Jan 2011 07:56
Meat packer Hilton Food traded in line with expectations during the 52 weeks ended January 2, boosting turnover, especially in the Netherlands and Central Europe. The firm attributed growth to strong volume increases partially offset by the effect of product mix. As well as volume increases in Cen
Read moreHilton set to meet expectations
4th Nov 2010 13:48
Meat packer Hilton Food says that trading continues to be in line with expectations. Trading has continued to be positive since the end of the first half. Growth has remained strong in Western Europe and particularly in the Netherlands. Sweden is recovering and business in the Baltics is building
Read moreWednesday tips round-up: Hargreaves Services, Hilton Food, Ashmore...
15th Sep 2010 06:54
The three main growth areas for Hargreaves are niche coal supplies in Europe, renewable power and the development of the Tower Colliery in Wales, bought by the miners in 1995 after it was closed down. Tower is to reopen in the spring, the coal extracted over seven years and the site then redevelop
Read moreLondon close: Footsie makes round trip
14th Sep 2010 16:52
Footsie finished the day as it started it, marginally in positive territory, but for much of the day it languished in the red, as investors turned their attention to gold. The most actively traded contract in the yellow stuff has risen to a record high of $1,269.50 an ounce in New York trading, as
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