Hilton Food Group plc (HFG.L) reported that its fiscal year profit before income tax declined to 29.6 million pounds from 47.4 million pounds, last year. Earnings per share were 19.7 pence compared to 44.5 pence. Adjusted operating profit was down 3.3% to 71.1 million pounds. Adjusted earnings per share was 44.7 pence compared to 60.5 pence.
Fiscal year Group revenue was up 16.5% to 3.8 billion pounds. Volume growth was 4.3%, for the period.
Hilton Food Group plc announced the appointment of Steve Murrells CBE as Group Chief Executive Officer. Steve will assume the role from 3 July 2023, and will join the Group Board at the same time. He will succeed Philip Heffer as CEO. Philip will remain with the business as Co-Founder and Advisor to the Hilton Foods Board.
The Group has recommended a final dividend of 22.6 pence per ordinary share in respect of 2022. This, together with the interim dividend of 7.1 pence per ordinary share paid in December 2022, maintains the full year dividend, as compared with last year at 29.7 pence per ordinary share.
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