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Investing.com -- Hilton Food shares dropped 23% after the company issued a profit warning and expressed caution about future growth.
The company now expects adjusted profit before tax for the full-year to be between £72-75 million, down from its previous guidance of £77-£81 million announced on September 2, 2025.
The revised forecast falls below the market consensus of £76 million, though it aligns with RBC’s forecast of £73 million.
Looking ahead to next year, Hilton Food’s Board has adopted a more cautious stance on the trading outlook, stating that profit progression will be difficult to achieve.
RBC analysts estimate the updated guidance could lead to an "8-10% reduction to Visible Alpha consensus for FY26 adjusted profit before tax, assuming no profit growth next year." They added that the current year’s revised guidance alone implies around a 5% reduction to consensus estimates.
The company also revealed that its ongoing business review has reached an advanced stage, with the Board identifying "clear opportunities to optimize the Group’s operation going forward." No further details were provided, with the company planning to share more information in its full-year trading update scheduled for January 29.
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