Hilton Foods results beat expectations as meat volumes rise

31st Mar 2016 08:32

(ShareCast News) - Full year results from Hilton Foods were better than expected but the retail meat packer said its forecasts for 2016 were unchanged for now. Although volumes were up 5.5% to 244,140 tonnes of sausages, mince, steaks and other juicy cuts to thirteen European countries and Australia

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Hilton launches budget hotel brand

25th Jan 2016 16:04

(ShareCast News) - After hotels giant Hilton launched a new brand aimed at budget travellers, shares in UK hotel companies were sent lower on Monday on fears of increased competition. Hotel said its new Tru brand will "fill a massive void" in the hotel market, arguing that the offering of rival budg

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Hilton Food's interim profit edges higher but currency headwinds are likely to persist

8th Sep 2015 10:06

(ShareCast News) - Meat packaging company Hilton Food Group posted a slight increase in interim profit, although currency headwinds weighed on growth. In the 28 weeks to 12 July, the group posted a 0.76% year-on-year increase to £13.2m, while revenue fell 2.2% to £579.2m on the back of adverse curre

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Hilton Food first-half trading in line with expectations

16th Jul 2015 10:19

(ShareCast News) - Specialist retail meat packing business Hilton Food said trading in the first half of the year was in line with its expectations, with challenging consumer conditions in some countries and the appreciation of the pound continuing to affect results, as expected. Still, it said it c

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Hilton Food's sales fall, remains positive over investments

25th Mar 2015 07:56

Currency headwinds and challenging trading conditions in some European markets weighed on Hilton Food Group's annual sales. The meat packing business said sales fell 2.3% to £1.1bn, with tougher revenue streams in Central Europe, Sweden and Ireland offsetting a 3.5% growth in volumes in the UK and t

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Wednesday broker round-up UPDATE

23rd Jul 2014 09:01

Abcam: Canaccord Genuity ups target price from 375p to 400p and upgrades from hold to buy. ARM Holdings: Deutsche Bank cuts target price from 975p to 950p and maintains a hold recommendation. Credit Suisse lowers target price from 1125p to 1100p and leaves its outperform rating unaltered. Beazley:

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Thursday broker round-up UPDATE

17th Jul 2014 11:07

Antofagasta: Canaccord Genuity cuts target price from 870p to 835p and maintains a hold recommendation. African Minerals: Canaccord Genuity reduces target price from 230p to 170p and keeps a buy recommendation. Ashmore Group: Goldman Sachs downgrades to neutral with a target price of 430p. Barcla

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Monday broker round-up UPDATE

14th Jul 2014 10:11

Abcam: Numis cuts target price from 510p to 490p and stays with its add rating. ARM Holdings: Credit Suisse reduces target price from 1200p to 1125p and maintains an outperform rating. AstraZeneca: Jefferies reduces target price from 4850p to 4790p maintaining a hold recommendation. BP: Credit Su

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Hilton Foods making progress but headwinds persist

14th May 2014 14:19

Meat packing group Hilton Food said growth during the first four months of the year was in line with expectations, despite a challenging consumer backdrop and sterling headwinds. The Cambridgeshire-based company said it had continued to grow thanks to its geographic diversity. In Western Europe,

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Wednesday broker round-up UPDATE

14th May 2014 09:34

African Minerals: Deutsche Bank lowers target price from 335p to 324p maintaining a buy recommendation. Aveva: Panmure Gordon downgrades from buy to hold with a target price of 2199p. Aviva: Panmure Gordon ups target price from 540p to 585p and keeps a buy recommendation. boohoo.com: Investec ini

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Tuesday broker round-up UPDATE

1st Apr 2014 09:39

African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains

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Thursday broker round-up UPDATE

27th Mar 2014 09:02

Aberdeen Asset Management: Credit Suisse reduces target price from 470p to 415p maintaining a neutral rating. Acta: Cantor Fitzgerald reinstates with a target price of 13p (prev.: 16p) and a buy recommendation. African Minerals: Jefferies cuts target price from 300p to 250p and retains a buy recom

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Hilton Food posts 9.1 per cent revenue rise

27th Mar 2014 08:55

- Full-year earnings rise - Upbeat about Tesco supply agreement, joint ventures - Making good progress on its growth strategy Meat packing firm Hilton Food Group reported a healthy increase in annual revenue, following good demand, higher meat prices and favourable currency movements and underlined

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Friday broker round-up UPDATE

17th Jan 2014 10:05

Aberdeen Asset Management: JP Morgan cuts target price from 544p to 529p, while its overweight rating remains unchanged. Canaccord Genuity reduces target price from 586p to 540p and reiterates a buy recommendation. UBS lowers target price from 540p to 520p and keeps a buy recommendation. Ashtead Gr

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Entertainment One exec sells 1.8m pounds of shares

9th Dec 2013 16:18

Patrice Theroux, President of the Film division of Entertainment One has sold nearly 1.8m pounds-worth of shares in the company via two separate transactions, it announced on Monday. Theroux disposed of 665,462 at a price of 240.1p on December 5th and offloaded a further 75,000 at 240p the followin

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