The Directors of Hilton Food have approved the payment of an interim dividend of 6.0p per share payable on 29 November 2019 to shareholders who are on the register at 1 November 2019.
This interim dividend, amounting to £4.9m has not been recognised as a liability in this condensed consolidated interim financial information. It will be recognised in shareholders' equity in the 52 weeks to 29 December 2019.
Other financial highlights include:
Volume and revenue growth of 6.8% and 6.5% respectively driven by contribution from both UK meat and Seachill, further progress from their operations in Australia and from the new Dalco and HFR Food Solutions businesses
Operating profit up 14.6% to £26.7m and basic earnings per share up 9.0% to 22.8p
Investment in vegetarian product manufacturer, Dalco and acquisition of sous vide manufacturer HFR Food Solutions both completed during the period
Significant capex including new facilities opened in Brisbane, Australia at the end of July & Poland fresh convenience foods
Increase in Tesco UK retail packed red meat to 100% since June 2019