The Hilton Food Group Directors have approved the payment of an interim dividend of 7.1p per share payable on 2 December 2022 to shareholders who are on the register at 4 November 2022.
Other financial highlights include:
Volumes 3.6% higher at 271,708 tonnes (2021: 262,222 tonnes)
Revenue up 20.4% to £2.0bn (2021: £1.7bn) driven by volume growth and raw material price inflation
Adjusted operating profit up 7.3% to £41.2m (2021: £39.0m)
IFRS operating profit up 5.6% to £30.8m (2021: £29.2m)
Adjusted profit before tax 3.9% lower to £34.4m (2021: £35.8m) impacted by higher interest costs
IFRS profit before tax 9.7% lower to £19.6m (2021: £21.7m)
Adjusted basic earnings per share down 12.0% to 28.0p (2021: 32.4p)
IFRS basic earnings per share down 23.0% to 15.1p (2021: 19.6p)
Net bank debt increased to £221.0m (2021: £134.9m) following Foppen acquisition
