Giving up vegan arm helps Britain’s biggest meatpacker eye profit surge Markets The UK’s biggest meatpacker has upgraded its profit target after offloading its loss-making vegan arm. FTSE 250 listed Hilton, which packages beef, lamb and fish, said it now expected to make a pre-tax profit of between £66m and £71m, a 10 per cent uplift from its previous forecast range. That comes after the firm sold [...]
Hilton Foods: Profit soars at meatpacker as it looks ahead to Walmart site Food Hilton Foods’ seafood and core meat divisions helped bolster the meatpacker’s first-half results as the company geared up for further growth. The FTSE 250 constituent, which had struggled to deal with the rampant inflationary pressures of the last two years, posted a 23.2 per cent rise in adjusted operating profit to £46.9m on a constant [...]
Hilton Food Group trades in line with expectations despite tough market Retail Food packaging company Hilton Food Group said volumes and sales are trading ahead of the same period last year, as the business continues to trade in line with board expectations.