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HKFoods’ net sales from continuing operations increased by 2.2 per cent to EUR 233.7 (228.7) million. Comparable EBIT was EUR 4.6 (1.4) million or 2.0 (0.6) per cent. A better sales mix, production efficiency measures and cost savings improved HKFoods’ EBIT in the review period. The first quarter of 2025 was already the ninth consecutive quarter in which the comparable EBIT increased from the comparison period.   

Read more: Interim Report January–March 2025  

HKFoods has published its Annual Review 2024. The Annual Review includes the Report of the Board of Directors and the Financial Statements, as well as the Corporate Governance Statement and the Remuneration Report. The Report of the Board of Directors includes the company’s Sustainability Statement in accordance with the ESRS standards.

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HKFoods’ continuing operations developed strongly in 2024, with both net sales and comparable EBIT growing significantly. The company’s net sales from continuing operations in 2024 increased by 7.4 per cent to EUR 1,001.8 (933.0) million. In the fourth quarter the comparable EBIT was 3.9 (1.2) per cent of net sales. The comparable EBIT margin for the whole year was 2.8 (2.2) per cent. The company’s EBIT target is 4 per cent.

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HKFoods Plc has decided on a significant strategic investment of approximately EUR 5 million in the meal production of its Vantaa unit. The investment is HKFoods’ response to the growing demand for ready meals in both the retail and food service sectors.

The investment supports HKFoods’ strategy to increase added value and operational efficiency. The company aims to grow in product categories that make everyday life easier for consumers, such as meals, meal components and snacks.

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Securing local food production is our shared mission. Smart practices ensure that you can always rely on the quality, responsibility and safety of the food produced in HKFoods’ home markets. HKFoods’ familiar brands and great-tasting food have been an important part of Northern Europeans’ food moments for over a hundred years. Now we all need to pull together so that we can continue to enjoy local food for the next hundred years.