HKFoods (HKSAV) Q4 2025 earnings summary

Executive summary

• Comparable EBIT from continuing operations improved for the 12th consecutive quarter, up 22.9% year-over-year to €34.1M, reflecting sustained profitability gains.

• Net sales from continuing operations increased in Q4 2025, with full-year net sales stable at €996.4M.

• Profit for the period from continuing operations rose to €14.2M from a loss of €1.8M year-over-year.

• Strategic investments in production and efficiency programs drove profitability, offsetting beef price increases and a food industry strike.

• Board proposes a dividend of €0.08 per share and authorisation for up to €0.07 per share additional distribution.

Financial highlights

• Q4 2025 net sales: €270.0M (+1.2% YoY); full-year 2025 net sales: €996.4M (-0.5% YoY).

• Q4 2025 comparable EBIT: €11.2M (+8.4% YoY); full-year 2025 comparable EBIT: €34.1M (+22.9% YoY).

• EBITDA for the year rose to €62.5M from €56.3M.

• Q4 2025 profit for the period: €4.0M (vs. -€2.7M in Q4 2024); full-year 2025 profit: €14.2M (vs. -€1.8M in 2024).

• EPS for 2025: €0.08 (vs. -€0.09 in 2024); comparable EPS: €0.09 (vs. -€0.04 in 2024).

Outlook and guidance

• Expects comparable EBIT to grow in 2026 compared to 2025.

• Board proposes a dividend of €0.08 per share for 2025 and authorisation for up to €0.07 per share additional distribution.