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Highlights

  • PRC’s FY24 pro-forma revenue reached GBP 2.1B across five food and beverage segments.
  • H1 FY25 pro-forma adjusted EBITDA was GBP 71.0M on revenues of GBP 964.2M.
  • The company operates 23 production facilities and 21 distribution centers in Europe and Mauritius.

Princes Group PLC have disclosed its intention to publish a registration document and potentially list on the Main Market of the London Stock Exchange. The planned listing would involve admitting the company’s ordinary shares to the FCA Official List under the equity shares (commercial companies) category.

Company Overview

Princes Group is an international food and beverage operator headquartered in the UK, with presence in Europe. For the year ending 31 December 2024, the group reported pro-forma revenue of GBP 2.1B. It operates through five divisions—Foods, Fish, Italian, Oils, and Drinks—and markets both branded and private-label products.

Financial Performance

For the 12 months ended 31 December 2024, the company recorded pro-forma revenue of GBP 2.1B with adjusted EBITDA of GBP 122.3M (6.0% margin). In the six months to 30 June 2025, pro-forma revenue was GBP 964.2M with adjusted EBITDA of GBP 71.0M (7.4% margin), reflecting operational, commercial, and cost synergies following the acquisition by major shareholder NewPrinces S.p.A.

Management Statements

Simon Harrison, CEO, said: “At Princes Group we combine a rich heritage of nearly 150 years with an entrepreneurial mindset… Today, we are the largest edible oil supplier in the UK, sell almost a billion cans of food annually, and have developed the Branston brand as a challenger in baked beans… As we enter this next chapter, I am excited to scale Princes Group into one of Europe’s most trusted food and drinks companies.”

Operations and Infrastructure

Princes Group combines production, distribution, and commercial functions to deliver products across multiple categories. The integrated model supports customer service through quality control, reliable delivery, and ongoing product development across markets.