Damian McNeill
Analyst, Deutsche Numis
Replay available
Hilton Food Group plc (LSE: HFG) Q2 2026 earnings conference call, held 2026-09-04. Replay captured from the company's public earnings webcast.

Meeting Overview The meeting focused on the financial performance and strategic progress of Hilton Foods during the first half of the year. Key highlights included an increase in profits from core meat businesses, updates on the company's strategy, and future growth plans. Key Discussion Points - Presentation of financial results for the first half of the year. - Positive performance in core meat businesses, particularly in the East region and fresh prepared foods in Central Europe. - Challenges faced at Fopham and plans to assess future options for this business. - Maintenance of the dividend in line with the progressive dividend policy. - Update on commercial partnerships, including the extension with Tesco in the UK. - Announcement of the disposal of the vegetarian and vegan business, Dalco, to simplify operations. - Future growth projects, including capacity increases in Poland and new launches in Canada and Saudi Arabia. - Discussion of financial metrics such as profit before t...
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Speaker 1: Okay, Speaker 1: good morning everyone and thank you for joining us. Matt and I are pleased to present our 26 in-frame results today. As usual, there'll be a chance to ask questions at the end of the presentation of both of us and maybe even Sammy, Speaker 1: our Chief Operating Officer, who's with us today. I'll pass the difficult questions to him. Speaker 1: Over the next 25 minutes or so we will take you through our financial performance and the progress we have made since announcing our updated strategy 5 months ago. Speaker 1: It's early days but I am encouraged. I am pleased by how colleagues across the organisation Speaker 1: have supported the strategy and are working on its delivery. Speaker 1: Let me start with a 1st 0.5 summary. Speaker 1: We're getting on with doing what we said. There's always much more to do, but I'm pleased with what we achieved so far. Speaker 1: Profit was up in our core meat businesses, Speaker 1: this includes further strong growth in the East region, Speaker 1: particularly in Australia and our fresh prepared foods business serving Central Europe. Speaker 1: We're also realising initial benefits from improvement plans in the UK at CTO. Speaker 1: These can't be seen in the numbers yet, but we expect to see visibility in the 2nd 0.5. Speaker 1: The challenges at Fopham will continue into the 2nd 0.5, and against this backdrop we will assess all options for the future of this business. Speaker 1: Despite this, Group Adjusty profit before tax from continuing operations of £32.8 Speaker 1: million was ahead of expectations. Speaker 1: And on the back of this, the Board maintained our dividend in line with our progressive dividend policy. Speaker 1: This first-half performance gives us confidence in the full-year outlook. Sp...