The Pilgrim's Europe poultry processing factory in Dungannon
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Final results released for 2024 show that Pilgrim’s Europe has enjoyed a profitable year of trading.
The business, which now includes the nine sites previously run as Moy Park Europe across NI, England and France, saw turnover easing slightly to £4.06bn in 2024, down from £4.18bn in the previous year.
However, profit after tax was up 21% from £106m to £128.4m. Operating profit margin in 2024 was very strong, at 6%, compared to 4.2% in the previous year.
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Last year was the first full year of trading for Pilgrim’s Europe after its owners, US-based Pilgrim’s Pride, decided to bring its three European operations under one structure. As well as Moy Park, that included pork producer, Pilgrim’s UK and Pilgrim’s Food Masters with its brands, such as Denny.
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Final results released for 2024 show that Pilgrim’s Europe has enjoyed a profitable year of trading.
The business, which now includes the nine sites previously run as Moy Park Europe across NI, England and France, saw turnover easing slightly to £4.06bn in 2024, down from £4.18bn in the previous year.
However, profit after tax was up 21% from £106m to £128.4m. Operating profit margin in 2024 was very strong, at 6%, compared to 4.2% in the previous year.
Last year was the first full year of trading for Pilgrim’s Europe after its owners, US-based Pilgrim’s Pride, decided to bring its three European operations under one structure. As well as Moy Park, that included pork producer, Pilgrim’s UK and Pilgrim’s Food Masters with its brands, such as Denny.
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