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Hilton Food Group (HFG): Canada facilities and Saudi JV

This situation live

HFG Hilton Food Group

£643m · 717.5p · +12% since the first step
726.5p 456.0p Now 717.5p · 23 Oct +3% +9% +28% +1% Nov ’25DecJan ’26FebMarAprMayJunJulAugSepOct
31 Mar 2026 · On schedule; contribution expected from 2027 · +9% until the next step Our strategic investments in Canada and Saudi Arabia remain on schedule. These are expected to contribute from 2027.
19 May 2026 · On track; bacon added to Canada scope · +28% until the next step Canada remains on track for full launch in 2027, with bacon now planned to be added to the scope.
Project milestones
Canada facilities and Saudi JV
Scoping; bigger expansion possible
DEC31 Next: Complete full scoping of Poland expansion in 68 days
Every step · 4
  1. 11 Nov 2025 On schedule – The development of the Group's new operations in Canada and the joint venture in Saudi Arabia remain on schedule. ↗
  2. 31 Mar 2026 On schedule; contribution expected from 2027 – Our strategic investments in Canada and Saudi Arabia remain on schedule. These are expected to contribute from 2027. ↗
  3. 19 May 2026 On track; bacon added to Canada scope – Canada remains on track for full launch in 2027, with bacon now planned to be added to the scope. ↗
  4. 3 Sep 2026 Scoping; bigger expansion possible – Facility in Canada set for launch in January 2027 with ramp up of beef, pork and fish in H1 2027. ↗

What is happening

Hilton Food Group: Canada facilities and Saudi JV – Scoping; bigger expansion possible. ['Scoping; bigger expansion possible']

In short
The Poland expansion plans were being finalised. Scoping is now due around end 2026, with customer demand pointing to a bigger expansion than first planned. Material capex is not expected until 2027.
Announced
11 Nov 2025 · On schedule
Latest
3 Sep 2026 · Saudi Q4 2026; Canada January 2027
Purpose
Grow fresh prepared foods
Stage
Plans being finalised
Next milestone
Full scoping completed around end of 2026
Capex timing
Material capex not expected until 2027
Demand
Customer demand signals potential for bigger expansion than originally envisaged
Central Europe fresh prepared
Volumes up 26% in H1 2026

What comes next

Complete full scoping of Poland expansion (31 Dec 2026).

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Also at Hilton Food Group 2 open
Disposal of a part (break-up)Business and portfolio review – Dalco sale agreed; Seachill plans gaining traction Legal & regulatoryFoppen US shipment disruption – Restrictions ongoing; exceptional costs continue Insider conviction2 directors buying – £152k in 2 buys · closed Hilton Food Group – company page →

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