Protein producer Hilton Food Group Plc has published its interim results for the 26 weeks to 29th June 2025, reporting that retail meat has delivered “above-market” volume growth.
The producer’s retail meat and convenience categories reportedly delivered an “above-market” volume growth of 3.1 from all regions, which it attributed to strong retail partnerships and efficient operations. It said the performance of its retail meat business continued to support its product ranges, which aim to cater to customer preferences across global markets.
Its convenience food categories reportedly performed well, fuelled by rising consumer demand for ready-to-eat and prepared meal solutions in European markets.
Hilton stated that its adjusted profit before tax of £33.6 million had increased by 3% on a constant currency basis, with statutory profit before tax down 4.7%. Total revenue reached £2,092.4 million, up from 2024’s H1 revenue of £1,943.8 million.
Its statutory operating profit reached £41.3 million for the period, down 5.3% on 2024’s £43.6 million.
The producer said that it expected its retail meat businesses to “continue to perform well” for the remainder of 2025, and said it would “continue to address the impact of inflationary trends” in white fish and operational disruption in Foppen, which was affected by regulatory restrictions on shipments.
“Whilst we have faced market-driven pressures… we have responded with agility and continue to have a strong platform in place for future growth.”
Steve Murrells CBE, Hilton Foods
Steve Murrells CBE, Hilton Foods chief executive officer, said: “The first half of 2025 has been shaped by a strong performance in our retail meat and convenience businesses. We remain committed on delivering our full-year results within the range of expectations. Whilst we have faced market-driven pressures and some specific operational challenges in seafood, we have responded with agility and continue to have a strong platform in place for future growth. I want to thank all our dedicated teams for their continued commitment.
“International growth with our NADEC partnership in Saudi Arabia and with Walmart in Canada remains on schedule. Our innovative product ranges continue to resonate with customers and seasonal preparations are well underway for the upcoming Christmas trading period.
“We have a simple objective: building upon the core strengths that have long defined the business. Our global capabilities and established customer relationships continue to provide a strong foundation for growth and sustainable returns.
“At the same time, we have commenced a project that focuses on sharpening our future priorities. This includes optimising our organisation to support expansion and create long-term sustainable value for all. Work on these plans is progressing well, and we look forward to outlining them once complete.”
