HKFOODSNasdaq HelsinkiPackaged FoodsIFRS · EUR

HKFoods Oyj

HKFoods is a company focused on providing sustainable, tasty, and nutritious food solutions. The company specializes in pork, beef, and poultry meat, as well as ready meals and meal components. HKFoods aims to be a valued partner in consumers' food moments by collaborating with contract farmers and other partners. The company emphasizes responsible food production and operational excellence to achieve profitable and sustainable growth.

Revenue996m EUR
−0.5 %y/y
Operating profit (EBIT)32.9m EUR
+46.9 %y/y
EBIT margin3.3%
+1.1 ppy/y
Net income2.8m EUR
+110.9 %y/y
Free cash flow51.0m EUR
−16.1 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

05001,0001,5002,000m EUR2021: 1,815 m EUR2021: EBIT 18 m EUR20212022: 1,834 m EUR2022: EBIT 10 m EUR20222023: 1,163 m EUR2023: EBIT 17 m EUR20232024: 1,002 m EUR2024: EBIT 22 m EUR20242025: 996 m EUR2025: EBIT 33 m EUR2025TTM 2026: 1,772 m EURTTM1,772
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Meat Products40 %

Includes pork, beef, and poultry meat products

Ready Meals30 %

Comprises ready-to-eat meals and meal components

Poultry Products20 %

Focuses on innovative poultry offerings

Snacks10 %

Nutritious snacks for everyday consumption

Customers

HKFoods serves a diverse range of customers, including retail channels, food service providers, and industrial clients. The company's products are popular in the Finnish retail market, where it has strengthened its position in meat products. Food service channels also contribute significantly to sales, driven by a comprehensive product range and successful commercial strategies. Industrial sales and exports are strategically managed to optimize the sales structure.

Retail Channels

Purchase a wide range of meat products and ready meals to meet consumer demand

Food Service Providers

Require comprehensive product ranges for diverse menu offerings

Industrial Clients

Buy bulk meat products for further processing and distribution

Strategy

HKFoods' strategy focuses on achieving profitable growth through selected food moments, operational excellence, and a sustainable value chain. The company aims to enhance production processes and streamline its value chain to improve efficiency. It also prioritizes the development of a competent and healthy workforce to support its strategic goals. Sustainability is integral to the company's operations, with efforts to innovate and produce healthy, safe food.

Growth in selected food momentsMedium term

To achieve profitable growth

Operational excellenceMedium term

To improve efficiency and profitability

Sustainable value chainLong term

To ensure responsible food production

Geography

HKFoods operates primarily in Finland and Poland, with production facilities in both countries. The company has completed significant investments in Vantaa and Eura, enhancing its capacity for meals and snacks. While the Finnish market is a key focus, HKFoods also manages exports strategically to optimize its sales structure. The company's geographic presence allows it to leverage local production advantages and manage supply chain efficiencies.

Risks

HKFoods faces several risks, including fluctuations in the availability and price of raw materials, which can impact production costs. The company is also exposed to market risks related to consumer demand shifts and potential food safety issues. Geopolitical factors, such as tariffs on exports, pose additional challenges. Furthermore, cyber risks and animal diseases like African swine fever present significant threats to operations and profitability.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Animal diseases1Raw material price fluctuations2Geopolitical tariffs3Cyber risks4Consumer demand shifts5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Animal diseasesImpact: CriticalLikelihood: Medium

    Can disrupt supply chains and production

  2. Raw material price fluctuationsImpact: HighLikelihood: Medium

    Affect production costs and profitability

  3. Geopolitical tariffsImpact: HighLikelihood: Medium

    Affect export viability and sales

  4. Cyber risksImpact: HighLikelihood: Medium

    Threaten business operations and data security

  5. Consumer demand shiftsImpact: MediumLikelihood: High

    Impact sales volume and product mix

Accounting

Judgemental items
Revenue recognition

Critical for managing seasonal fluctuations

Impact: Aligns with IFRS 15

Asset valuation

Impairment charges affect financial statements

Impact: Significant on reported earnings

Derivatives accounting

Reflects fair value changes accurately

Impact: Affects financial risk management

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026