Earnings surged at Boparan Private Office in 2025 as the business reaped the benefits of its acquisitions programme and returns on investments.
Companies House filings for the year to 28 December showed underlying EBITDA expanded 34% from £134.5m to £180.2m.
Much of the improvement was attributed to the purchase of 2 Sisters Storteboom, which was sold in a “transformational” deal by Boparan Holdings to BPO in September 2024 for over €200m. The filings revealed it was responsible for most of the group’s 61% increase in turnover – which rose from £1.8bn to £2.9bn.
Turnover was further bolstered by the acquisition of Hook 2 Sisters and “certain trade and assets from” PD Hook Group, as well as that of Roberts Bakery – saved as part of a deal brokered in October. It was also helped by continued investment in and the expansion of Slim Chickens.
BPO said it expected EBITDA to grow again in 2026 due to further acquisitions and its “ongoing, significant, capital investment”, which in 2025 amounted to £129.3m.
However, echoing concerns raised this month by Boparan over the UK’s food security and barriers to scaling production, BPO listed “competition from cheaper overseas poultry producers, managing the production of birds to match anticipated but uncertain demand and the potential effects of widespread poultry disease and the need to maintain and enhance the group brands” among risks to its operations.
“To keep up with the growth in demand and output required the group will continue to seek opportunities to improve and develop its existing infrastructure,” BPO said.
“A growing number of UK retailers, food producers, and restaurants are lowering chicken stocking densities to the current standards (which is the current main focus) and/or with a slower-growing bird,” it continued. “This has contributed even more to the requirements for growing space in the to meet the demand for this protein.”
BPO also saw a marked increase in its charitable contributions in 2025, donating £2.7m to causes – a rise of 223.5% – including more than £1m to charities focused on tackling hunger and hardship.
Among its headline activities, the business doubled the amount of food sent to its charity partners from 81 tonnes to 162 tonnes, helping to provide 901,000 meals. It also donated 400% more biscuits.
Paul Friston, BPO chief financial officer, said the business was “proud” to be delivering “a strong financial performance and achieving record levels of charitable giving and food distribution”.
He added: “Through our NextGen strategy, we’re investing around £2bn to modernise our farms and factories, raise welfare and environmental standards, strengthen the resilience of UK food production, and support our net zero ambition.
“Through our partnerships with charities and community organisations, we’ve been able to help more people than ever before while ensuring good food reaches those who need it most.”
No comments yet