Poultry processor Avara Foods has filed its accounts for the financial year ended 31st May 2025, reporting turnover of £1.3 billion.
Avara also saw earnings before interest, taxes, depreciation and amortisation (EBITDA) loss of £1.9 million. This was down from its previously reported 2024 EBITDA loss of £14 million.
Loss after tax was £29.6 million, down from Avara’s 2024 loss of £49.4 million.
Overall financial performance from the producer reportedly “reflected residual costs” from the turnaround programme in the previous financial year continuing into the first half of 2024/25, and Avara said its financial performance had “improved significantly” during the second six months.
Commenting on the results, Chris Hall, Avara CEO, stated: “Our trading and financial performance over the second half of the financial year made this a true ‘year of two halves’. The costs associated with our business restructuring continued to impact on the first half of the financial year, but we turned a corner mid-year and started to reap the benefits of the difficult decisions we made.”
Avara also reduced its stocking density on all supplying broiler farms, operating to 30kg per square metre. The company said this had led to “further improvement” across a range of welfare outcomes.
Hall said: “Our financial improvement is of course pleasing, but we are also delivering against a number of other important commitments. Reducing carbon emissions ahead of our approved science-based targets, the successful delivery of lower stocking densities and the launch of new colleague engagement initiatives including our Regional Colleague Councils are just some of the ways we have delivered against our promise to be a responsible business.”
“Our strong financial management through this period meant we finished FY25 with… positive EBITDA cash generation.”
Chris Hall, Avara
Hall continued: “We have put the strong foundations in place for a return to sustainable margins and have built on this in the current financial year. Looking forward; demand for our products is strong, we have improved our financial position, and our streamlined operations are delivering for our customers – thanks to the hard work and dedication of the talented teams throughout our business.
“Our strong financial management through this period meant we finished FY25 with full headroom in banking facilities and positive EBITDA cash generation. This upward trend has continued into FY26 and means we are now confidently investing in our supply chain and three-year business plan.”
