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Food for profitable thought at Hilton

Modestly-rated shares in Hilton Food Group have proved a safe haven in these uncertain times and underpinned by a healthy 4.4 per cent prospective dividend yield the outperformance is set to continue
May 22, 2012

• Central European operation performing well
• Solid performance in recession-hit Ireland
• On course to report double digit EPS growth in 2012

IC TIP: Buy at 284p

Conditions for consumers may be challenging in some of Hilton Food Group’s markets, but this is not preventing the food producer growing its underlying sales and earnings. Business in Central Europe, where Hilton supplies customers in seven countries, continues to perform well despite the uncertain economic backdrop while even recession hit Ireland delivered a solid performance in the first four months of 2012.