Interim dividend 9.6 pence/shr vs 9.0 (Il Sole 24 Ore Radiocor) - London, 04 Sep - Hilton Food Group, that trades under the Hilton Foods brand, said that in the first half of 2024 statutory basic earnings per share surged 147.4% to 18.8 pence and adjusted basic earnings per share grew 19.4% to 25.8 pence.

Revenue fell 8.4% to 1.944 billion pounds, but rose 1.0% at constant exchange rates.

Adjusted operating profit increased 23.2% on a like-for-like basis and by 12.2% on a reported basis to 46.9 million pounds.

The free cash flow improved to 34.7 million pounds from 18.9 million.

The interim dividend was increased to 9.6 pence per share from 9.0 pence.

"Hilton Foods is well-positioned and continues to trade in line with expectations for the full year. The Group maintains a strong financial position and we continue to be well placed in a large, attractive marketplace, underpinned by long-standing customer partnerships. Hilton Foods continues to invest in its clear strategic priorities while exploring further growth opportunities and wider geographic expansion with existing and new customers," the company said in a statement.

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(RADIOCOR) 04-09-24 08:28:03 (0153) 5 NNNN