Overview
UK meat and food supplier's adjusted operating profit for 2025 was a slight miss versus analyst estimates
Company completed strategic review, will focus growth on core meat businesses and improvement plans for Seachill, Foppen, Dalco
Outlook
Company expects 2026 capital expenditure around £100m, including Poland and Canada projects
Hilton Foods remains cautious on inflation and Middle East risks impacting 2026 results
Result Drivers
RAW MATERIAL INFLATION - High input cost inflation impacted volumes and profitability, especially in Seachill and Foppen
REGULATORY RESTRICTIONS - Foppen incurred significant costs and stock write-offs due to US import restrictions on Greek exports
PRODUCT REFORMULATION - Co responded to customer demand for value by reformulating products and expanding mixed protein ranges
Company press release: ID:nRSe7172Ya
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Adjusted Operating Profit
Slight Miss*
GBP 99.30 mln
GBP 99.63 mln (6 Analysts)
FY Operating Profit
GBP 90.20 mln
FY Pretax Profit
GBP 56.10 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the food processing peer group is "buy"
Wall Street's median 12-month price target for Hilton Food Group PLC is GBp770.00, about 56.7% above its March 30 closing price of GBp491.50
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)