Hilton Food surges 10% as Shore Capital praises interim results

What Brokers Say Retail & Consumer Written by: Ian Lyall 09:30 Thu 03 Sep 2026 --> Edited by: Jamie Ashcroft Proactive has a commercial relationship with Hilton Food Group PLC. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Hilton Food Group PLC ( LSE:HFG ) View Price & Profile Hilton Food surges 10% as Shore Capital praises interim results Published: 09:30 03 Sep 2026 BST Hilton Food Group PLC (LSE:HFG) sparked a 14% share price rally on Thursday as the food producer lifted full-year profit targets while managing an ongoing seafood margin squeeze. The shares climbed from 631p to 718p as Shore Capital reiterated its 'house stock' rating and updated its financial model after interim results beat market expectations. At the heart of the update is a resilient £32.8 million adjusted pre-tax profit from continuing operations that comfortably cleared the £31.5 million forecast pencilled in by the broker. That performance, alongside the agreed sale of loss-making vegan unit Dalco and favourable foreign currency movements, prompted management to lift full-year profit guidance to between £66 million and £71 million. Those revised numbers gave Shore Capital the ammunition to hike its own pre-tax profit forecast for the current financial year from £62.5 million to £66 million. Tempering the positive momentum , Shore Capital highlighted that United States export restrictions on Greek and Dutch Foppen operations squeezed seafood margins, leaving a blemish on the statutory figures. Partially offsetting those seafood headwinds, operational improvement plans at the British Seachill fish business are gaining traction and are expected to boost profitability across the second half. That lingering operational drag is nevertheless expected by the broker to clear within 12 months, granting the food producer breathing room to execute its wider international expansion. Pivotal to that forward momentum is the planned launch of a beef, pork, and fish processing facility in Canada in January 2027, with bacon processing scheduled to follow later that year. Continue reading