Oct 11 (Reuters) - Hills Ltd (HIL)
- Hills Limited and Woolworths Limited have agreed to end contract entered into on 3 dec 2014
- Woolworths will pay an amount to hills in settlement of all rights and obligations under licensing agreement (corrects source)
- Hills and Woolworths reach agreement on HHL brands
- terms of settlement remain confidential between parties
- Hills will record any associated increase to income and cash in its results for first half of fy17
- Hills is considering potential permanent replacement brand licensing arrangements for all hhl products
