Protein producer Hilton Food Group has posted its interim results for the 26 weeks ending 28th June 2026, reporting good performance from its core meat and fresh prepared food categories.
Revenue from continuing operations was up 11.5% on a constant currency basis to reach £2,289.1 million, which Hilton said reflected higher average raw material prices.
Volumes from continuing operations, which exclude Fairfax Meadow after its sale in September 2025, were up 2.1%, and there was further growth in fresh prepared food in Central Europe.
Adjusted operating profit fell from £47.4 million in the same period during 2025 to £45.8 million in 2026, falling by 3.4%.
The producer also highlighted an extended commercial partnership with Tesco in the UK from Q2 2026 to show progress against growth levers. In geographical expansion plans, a facility in Canada is set for launch in January 2027, with a “ramp up of beef, pork and fish is H1 2027”.
The business now expects full year adjusted profit before tax from continuing operations in the range of £66 million-£71 million, higher than the previous range of £60 million-£65 million.
Mark Allen OBE, Hilton Foods chief executive, commented: “This has been a period of encouraging progress across the Group. Having set out the conclusions of our strategic review earlier this year, we continue to innovate and deliver for our customers. We delivered good overall trading performance in meat and fresh prepared food, and we continue to drive opportunities to maximise performance and growth from our core operations. While performance in Foppen has been disappointing, we are beginning to see the positive impact of our improvement plans at Seachill in the UK. The agreed sale of Dalco is a step towards simplifying our portfolio.
“Our growth investments in Saudi Arabia and Canada are expected to contribute to earnings from 2027. We also continue to develop plans to deliver material capacity expansion for fresh prepared food in Poland.
“Our first half progress gives us confidence in our 2026 profit outlook. Longer-term, it is the commitment of colleagues, the strength of our customer relationships and leadership in red meat which will continue to underpin our medium-term growth objectives.”
