Hilton Food Group shares rise on raised profit outlook

Hilton Food Group (LON:HFG) shares climbed 9.7% on Thursday, making it the top gainer on the FTSE mid-cap index.

The food packaging company raised its full-year adjusted profit before tax forecast from continuing operations to a range of £66 million to £71 million, up from its previous guidance of £60 million to £65 million.

The company said it maintains a positive view on its medium-term outlook. Projects in Canada and Saudi Arabia are expected to begin contributing to results from 2027.

Hilton Food Group also stated that improvement plans at its Seachill division are expected to have a positive impact in the second half of 2026.