Hilton Food sees growth opportunities
6th Nov 2012 08:25
Meat packaging firm Hilton Food said trading across the group's operations has been in line with company expectations in the period from July 16th 2012 to date and sees growth opportunities in domestic and overseas markets. The Cambridge headquartered group said it had made steady progress in Weste
Read moreTuesday broker round-up
11th Sep 2012 09:29
3i Group: Oriel Securities downgrades to hold. AB Foods: HB Markets upgrades to buy. ARM Holdings: UBS raises target from 645p to 750p, buy rating kept. ASOS: Investec upgrades from hold to buy, 2,450p target kept. Bunzl: Goldman Sachs downgrades to sell, target cut from 978p to 965p. Burberry:
Read moreHilton Food counts the cost of high meat prices
11th Sep 2012 07:30
Meat packing firm Hilton Food Group said profit for the 28 weeks to 15 July 2012 was unchanged from the same time last year as high meat prices ate into earnings. The Cambridgeshire based group, which sells its products to Tesco, Ahold and Albert Heijn said revenue for the period rose to £543m, up
Read moreWeek Ahead: AB Foods, Supergroup, Wetherspoon ...
7th Sep 2012 10:04
There is a food theme to the corporate diary at the start of next week, while retailers will also be in fashion. On Friday, the week ends, as all working weeks should, with a visit to the pub. Associated British Foods reports on Monday, and although its Primark stores will garner their usual quota
Read moreFriday tips round-up: National Grid, Hilton Foods
20th Jul 2012 07:17
National Grid's regulated business in the UK generates about 60 per cent of group profits. That's why Ofgem's rules on the rate of return it is allowed and level of investment are crucial. On Monday, Ofgem released its draft determination for the new, extended regulatory period from 2013 to 2021. Th
Read moreWeir Director boosts stake with 3,500 shares
19th Jun 2012 16:36
John Mogford, an independent non-executive director of engineering giant Weir Group, purchased 3,500 ordinary shares on Monday at 1,454p a pop. The £50,890 purchase, which took Mogford's total holding in the company to 11,481 shares, came just one day before the company reconfirmed its full-year g
Read moreWednesday broker round-up - UPDATE
16th May 2012 08:26
Babcock: UBS raises target from 880p to 950p, buy recommendation unchanged. Barclays: UBS upgrades from neuter lot buy, target cut from 272p to 215p. Cineworld: Merchant Securities maintains buy rating and 244p target. Compass Group: Numis upgrades from add to buy, target left at 750p. Experian:
Read moreHilton Chief stocks up on 100,000 shares
13th Apr 2012 12:51
Robert Watson, Chief Executive Officer of Hilton Food Group, snapped up 100,000 shares in the company on Wednesday April 11, less than a fortnight after the company posted a 10% rise in pre-tax profits. Watson, who has held his position since 2002, purchased the shares at 280p each for a total ou
Read moreSector movers: Old Mutual boosts life insurers after Nordic sale
15th Dec 2011 15:01
Life insurance stocks were on the rise on Thursday afternoon, helped by FTSE 100 savings, investment and insurance group Old Mutual. Shares in Old Mutual roared higher on Thursday after announcing that it is to sell its Nordic business Skandia AB for £2.1bn in an effort to "reduce complexity" and p
Read moreWednesday tips round-up: Abcam, National Express, IG
14th Sep 2011 06:34
Abcam initially produced primary antibodies, tools used in genetic research. Four fifths of its products go into laboratories and other research facilities funded by the public purse, which is a weakness. The company floated on AIM in 2005 with a market capitalisation of £57.5 million and is now wor
Read moreHilton 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
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