HFG announces it is to proceed with plans to expand its retail meat packing capabilities into New Zealand. We think that the stockmarket will react favourably to this good news as; (1) NZ represents the 15th country that HFG will undertake business globally, a continuation of the well-established pattern of entirely organic expansion via moves into new geographical areas; (2) HFG’s development of further business with Woolworths demonstrates that the relationship commenced via a joint v

16 Oct 2017
Panmure Morning Note 16-10-2017

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Panmure Morning Note 16-10-2017
Hilton Food Group plc (HFG:LON) | 834 8.3 0.1% | Mkt Cap: 750.3m
- Published:
16 Oct 2017 -
Author:
Peter Smedley -
Pages:
4 -
HFG announces it is to proceed with plans to expand its retail meat packing capabilities into New Zealand. We think that the stockmarket will react favourably to this good news as; (1) NZ represents the 15th country that HFG will undertake business globally, a continuation of the well-established pattern of entirely organic expansion via moves into new geographical areas; (2) HFG’s development of further business with Woolworths demonstrates that the relationship commenced via a joint v