Finland's HKFoods Q1 net sales rise on retail growth

HKFoods Oyj

06/05/2026 06:44

Overview

Finland food producer's Q1 net sales from continuing operations rose 3.8% yr/yr

Comparable EBIT from continuing operations up 23.7% yr/yr, driven by efficiency gains

Outlook

HKFoods expects 2026 comparable EBIT to grow compared to 2025

Result Drivers

RETAIL AND FOOD SERVICE GROWTH - Sales in the Finnish retail channel and food service channel increased, with HKFoods' own brands growing across all main product groups

EFFICIENCY GAINS - Improved sales structure, savings from the efficiency programme, and better production efficiency boosted comparable EBIT

COST PRESSURES - Sharp rise in beef prices, higher salary and energy costs weighed on profitability, with price increases and hedging only partially offsetting these

Company press release: ID:nWkrbkT6wL

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EBIT continuing operations
EUR 5.70 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for HKFoods Oyj is €1.88, about 11.9% above its May 5 closing price of €1.68

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)