March 31 (Reuters) - Britain's Hilton Food Group said on Tuesday it would focus on its core meat business and implement improvement plans for some seafood and plant-based protein units, after its
Hilton Food Refocuses on Core Meat, Plans Major Seafood Business Overhaul
Hilton Food Group Announces Strategic Shift Amid Profit Decline
March 31 (Reuters) - Britain's Hilton Food Group said on Tuesday it would focus on its core meat business and implement improvement plans for some seafood and plant-based protein units, after its annual profit fell 4%.
-
Challenges in Seafood and Plant-Based Units
Volume Declines and Regulatory Issues
Hilton Food has been struggling with volume declines at its UK seafood business and regulatory issues at its Foppen smoked salmon unit in Greece. -
Strategic Review and Improvement Plans
Focus on Core Operations
The company completed a strategic review in early 2026.Improvement Initiatives
It will implement improvement plans for its UK seafood unit Seachill, smoked salmon business Foppen, and vegan and vegetarian arm Dalco, which the company says have limited synergy with its core operations. -
Financial Performance and Outlook
Profit Results
The London-listed company reported adjusted operating profit from continuing operations of 95.1 million pounds ($125.59 million) for 2025, down 4% on the prior year.Future Outlook
Hilton Food keeps its 2026 outlook unchanged.
($1 = 0.7572 pounds)
(Reporting by Nithyashree R B and Yamini Kalia in Bengaluru; Editing by Subhranshu Sahu)
