PRFoods (PRF1T) Q4 25/26 earnings summary

Executive summary

• Revenue for the year declined 19% year-over-year to EUR 15.3 million, with a net loss of EUR 2.4 million, including a one-off gain from the sale of the Estonian production unit.

• The restructuring plan led to the sale of the Saaremaa unit, focusing future operations on higher value-added products in the UK.

• The UK remains the primary market, accounting for 87.4% of sales, while Estonian sales dropped 61%.

Financial highlights

• Fourth-quarter revenue was EUR 3.4 million, down 8% year-over-year; gross profit fell 46% to EUR 0.4 million.

• EBITDA for the year was EUR -0.9 million (prior year: EUR 0.1 million); operating loss widened to EUR -1.3 million.

• Net loss for the year was EUR -2.4 million, compared to a net profit of EUR 7.3 million last year, which included a one-off restructuring gain.

• Gross margin for the year was 16.6%, down from 21.2% year-over-year.

Outlook and guidance

• The company enters the new year with a leaner structure and a focus on improving UK profitability.

• Management aims to further enhance margins and operational efficiency in the UK.