Boparan Private Office has reported a 61% rise in turnover following the expansion of its poultry operations in the UK and Europe. Group sales reached £2.86bn in 2025, compared with £1.78bn a year earlier.
Accounts for the 52 weeks ended 28 December 2025 show pre-tax profit increased by 20% to £135.9m, from £113m. Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 34% to £180.2m, compared with £134.5m.
Turnover from poultry-related products almost doubled to £1.84bn, from £931.6m. The group attributed the increase primarily to a full year of trading from the European poultry acquisition completed in October 2024.
Its poultry feed milling and live poultry sales business also grew, with turnover increasing to £626.2m from £450m, mainly following the acquisition of Hook 2 Sisters and certain trade and assets from PD Hook Group.
The accounts disclose that the group acquired the entire shareholding of Hook 2 Sisters, alongside the PD Hook trade and assets, on 1 August 2025 for £116.3m, excluding acquisition costs. The acquired operations contributed £453.3m in turnover and £9.5m in pre-tax profit between completion and the year end.
Capital investment across the wider group reached £129.3m, up from £113.6m in 2024. The report also highlighted continued investment in equipment and infrastructure at its milling sites to support quality, productivity and efficiency.
Demand for more growing space
Directors said the outlook remained positive, supported by growth in the poultry market. They identified an insufficient supply of UK-grown poultry to meet consumer demand and said the group’s strategy was to secure its agricultural supply chain while entering new markets and introducing new products.
The report said a growing number of UK retailers, food producers and restaurants were moving towards lower chicken stocking densities and/or slower-growing birds, adding to the requirement for growing space.
“The group is committed to investing in developing additional space to meet our customers’ needs,” it said.
Directors expected a modest increase in EBITDA in 2026, supported by a full year’s contribution from the poultry breeding and growing acquisition and continued capital investment.
The group ended the reporting period with £196.7m in cash, compared with £154.8m a year earlier. Net debt, including finance lease obligations, increased to £214.9m from £159.9m.
In a press release tied to the results, BPO highlighted growth in charitable donations and endeavours.
The group donated 162 tonnes of food through charity partners, double the amount redistributed in 2024, helping provide 901,000 servings, an increase of almost 80% year-on-year.
The business also donated 7.9 million biscuits to charity, more than four times the volume donated the previous year, while total charitable donations increased to more than £2.6 million.
Paul Friston, BPO’s Chief Financial Officer, said: “As our business continues to grow, so does our ability to support the communities we serve. We’re proud that alongside delivering a strong financial performance and achieving record levels of charitable giving and food redistribution, we’re continuing to invest in the future of food production, doing what we can to improve food security in the UK.”
