Moy Park Profits: Pilgrim’s Europe Sees £100m Surge

October 1, 2025 Victoria Sterling -Business Editor Business

Here’s a ‍summary of the key data from the provided text:

* Pilgrim’s Europe (including Moy​ Park) saw meaningful profit increases: Profits reached €113 million,with Moy Park specifically reporting £98.1‍ million​ in profits – a 34% increase year-on-year.
* Turnover slightly decreased: Total turnover for the company was £1.96 billion (€2.25 billion), a slight decrease.
* Restructuring: The results follow a⁢ restructuring involving⁣ the integration of Pilgrim’s UK and ⁣Pilgrim’s ⁤food Masters.
* Key to Success: The firm attributes it’s success to operational improvements, securing key customer ⁢contracts, favorable trading models, customer ⁣negotiations, and a ‌decrease in commodity prices (deflation) which offset rising labor ‌costs.
* ‍ Director Remuneration: Directors are paid by parent companies. The‌ highest-paid ‍director received £935,000 as an apportioned element of their⁢ salary.
* ⁣ Employment: The company employs over 9,300 people across the UK and⁢ Europe.
*⁣ Reporting Period: The results are for the period⁤ ending December 2024.