Hilton Food Group plc (HLFGY,HFG.L), a multi-category food packing and processing company, on Tuesday reported a decline in full-year net income compared with the previous year, reflecting inflationary pressures impacting Seachill and continued challenges in Foppen and loss-making Dalco, despite resilient performance in its core meat business.
For the full year 2025, profit before tax declined 2.3 percent to 56.1 million pounds from 57.4 million pounds in the previous year.
Earnings per share were 87.3 pence versus 43.3 pence last year.
Adjusted profit before tax declined 2.1 percent to 69 million pounds from 70.5 million pounds in the same period a year ago.
Adjusted Earnings per share were 55.7 pence versus 60.4 pence last year.
EBITDA declined to 164.6 million from 179 million in the prior year.
Adjusted EBITDA slid to 142.7 million pounds from 146.4 million pounds in the last year.
Operating profit declined to 90.2 million pounds from 94.9 million pounds in the prior year.
Adjusted operating profit increased to 95.1 million pounds from 99.1 million pounds in the prior year.
Revenue increased to 4.21 billion pounds from 3.82 billion pounds in the previous year.
Looking ahead, the company expects 2026 adjusted profit before tax in the range of 60 million pounds to 65 million pounds, reflecting challenges in Seachill and Foppen, while Dalco is expected to remain loss-making.
Net bank debt is expected to increase but remain within the targeted net debt to adjusted EBITDA range of 1x to 2x.
Hilton Food Group closed trading 1.97% higher at GBp 491.50 on the London Stock Exchange.
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