Halal poultry producer IHP Ltd has reported a year of growth and strengthened operational performance, according to its newly released strategic report for the year ended 28 February 2025.
The company, which operates a fully integrated model covering poultry rearing, processing, butchery and distribution, said demand for its products continued to rise across its long-standing customer base. Turnover climbed to £87.1 million, up from £76.9 million the previous year, reflecting both increased order volumes and strong client retention.
Gross profit surged to £10.3 million (2024: £6.4m), driven by tighter cost control and improved procurement practices. Profit before tax almost doubled to £6.3 million, which the board attributed to a blend of higher revenues, process optimisation and disciplined overhead management.
Directors described the performance as “highly satisfactory,” adding that it underscores the company’s “resilient market position” and the success of ongoing efficiency initiatives.
The company noted that its primary risks remain consistent with those faced across the wider poultry processing sector. These include fluctuations in poultry availability and feed prices, weather-related impacts, labour shortages and the threat of poultry disease outbreaks. Directors said these risks are closely monitored and that the business remains well positioned for the year ahead.
Looking forward, IHP Ltd plans to continue investing in infrastructure, water and electricity supply to support operational expansion. Directors said future prospects remain “highly favourable” with robust growth levels and post-year-end performance already surpassing this year’s results.