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Hilton Food: the meat of the matter

The group has been coping well during the coronavirus pandemic
Hilton Food: the meat of the matter

March 2020 was the biggest month of grocery sales ever recorded in the UK – up by more than a fifth year on year to £10.8bn, according to research house Kantar. And while data for April showed more muted growth – at just 5.5 per cent – sales were still £524m higher than in April 2019, as consumers settled into life under lockdown.

IC TIP: Buy at 1190p
Tip style
Growth
Risk rating
Medium
Timescale
Long Term
Bull points

Strong financial track record
Diversification by geography and protein type
Resilient supply chain bolstered by good customer relationships
Shares making new highs

Bear points

Risk of supply-chain issues during crisis
Potential reduction in red-meat intake over time

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