Hilton Food Group PLC reported adjusted profit before tax of \u00A373 million for fiscal 2025, in line with its previous guidance.
The company reiterated its fiscal 2026 adjusted profit before tax guidance in a range of
Strategic review and portfolio focus
The group has opened a strategic review designed to concentrate resources on its core red meat business and to drive both efficiency and margin improvement across operations. As part of this initiative, management intends to roll out the company 's retailer partnership model into international markets.
Management said it is examining options to optimise the group's portfolio. The review highlights Seachill, Foppen and Dalco as businesses that management believes have limited synergy with Hilton Food Group's central capabilities, and improvement plans are being drawn up for these units.
Operational performance and outlook
On a constant currency basis the group achieved top-line growth across all regions in fiscal 2025, with the UK and Ireland division recording the strongest contribution. However, the UK seafood division Seachill registered a 6.8% fall in volumes, which the company attributed to raw material inflation.
Looking to fiscal 2026, the company noted persistent inflationary pressures in beef and white fish as factors weighing on its outlook. Management expects Dalco to continue to be loss-making. The Middle East business saw core volumes remain stable through the first quarter of the new fiscal year.
Capital allocation and balance sheet targets
Hilton Food Group has guided capital expenditure of approximately approximately
Within that total the group expects core capital expenditure of
Over the medium term the group expects core capital expenditure to be in a range of
The group has set a net bank debt to adjusted EBITDA target to remain within 1 to 2 times through the cycle.
What the company said
The company emphasised a sharpened focus on its core red meat franchise, plans to replicate its retailer partnership approach in international markets, and continued attention to capital discipline and leverage management.