Boparan Holdings, the parent company of 2 Sisters Food Group and Bernard Matthews, announced it has made ‘strong progress’ over the past year. The UK’s largest poultry supplier stated it is “cautiously optimistic” for the future despite pressure from the Middle East conflict and Government regulation. Boparan Holdings reported cutting its debts and delivering stronger profits for the past year. The company also announced investments aimed at boosting food security and supporting its net-zero ambitions.
The supermarket supplier, run by Ranjit Singh Boparan, known as The Chicken King, saw pre-tax profits jump to £108.3 million for the year to July 2025, a significant increase from £35.5 million a year earlier. The company, which supplies chicken for M&S and the Co-op among others, was boosted by the sale of 2 Sisters’ European poultry business to Boparan’s private family office in 2024. Meanwhile, Boparan Holdings reported that turnover grew by 8.5% to £2.38 billion for the year.
Mr. Singh Boparan commented: “These results demonstrate how our next generation strategy has continued to gain momentum during the past 12 months as we transform our business. We remain committed to investing in our factories and utilising advanced technologies, helping to grow our core business while supporting our sustainability ambitions.”
These financial results come amid a challenging backdrop for the food supply industry, with the conflict in the Middle East threatening to drive energy prices higher. The Government has also drawn up plans to avoid food shortages if a worst-case scenario resulted in shortages in the supply of carbon dioxide used by the sector.
The company stated: “Looking ahead, the group remains cautiously optimistic while recognising continued uncertainty in the uncontrollable external environment including ongoing geopolitical tensions, such as the conflict in the Middle East and Ukraine, in addition to changes in Government policy and regulation. Challenges with limited farm space and food security in the UK highlights the need for close collaboration with Government and local authorities to address planning issues. Cost-of-living pressures will remain a significant factor for many households and are likely to see increased preference for meals prepared at home.”
The group also announced investments in a series of sustainability initiatives. Boparan said this includes redeveloping its chicken feed to replace almost a quarter of imported soyameal with British-grown oilseed rape and beans. It said the investment will inject about £50 million into British agriculture and improve local food security.
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