Hilton Food Group (HFG): Foppen US shipment disruption
This situation live
HFG Hilton Food Group
11 Nov 2025 · Greek production not resuming in 2025 · −8% until the next step
As a result, we do not expect that production in Greece will resume in 2025.
29 Jan 2026 · Restrictions continue; US supply from Netherlands · +12% until the next step
Foppen continues to supply smoked salmon to the US market from its Netherlands facility, following ongoing restrictions imposed at its facility in Greece.
31 Mar 2026 · Restrictions continue; £27.6m exceptional costs booked · +9% until the next step
Statutory operating profit includes adjusting/exceptional costs of £27.6m relating to the operating challenges caused by regulatory restrictions on imports from our Foppen facility in Greece to the US
19 May 2026 · Exporting by sea; awaiting FDA feedback · +28% until the next step
Foppen is now exporting to the United States by sea rather than air, while we await feedback from the FDA following our submission to remove restrictions on exports from our facility in Greece.
3 Sep 2026 · Restrictions ongoing; exceptional costs continue · +1% since
Statutory PBT from continuing operations of £11.8m includes adjusting/exceptional items of £21.0m, predominantly relating to costs in Foppen of ongoing regulatory restrictions on exports from Greece t
Foppen US shipment disruption
Restrictions ongoing; exceptional costs continue
Next: FDA feedback on submission
Every step · 5
- 11 Nov 2025 Greek production not resuming in 2025 – As a result, we do not expect that production in Greece will resume in 2025. ↗
- 29 Jan 2026 Restrictions continue; US supply from Netherlands – Foppen continues to supply smoked salmon to the US market from its Netherlands facility, following ongoing restrictions imposed at its facility in Greece. ↗
- 31 Mar 2026 Restrictions continue; £27.6m exceptional costs booked – Statutory operating profit includes adjusting/exceptional costs of £27.6m relating to the operating challenges caused by regulatory restrictions on imports... ↗
- 19 May 2026 Exporting by sea; awaiting FDA feedback – Foppen is now exporting to the United States by sea rather than air, while we await feedback from the FDA following our submission to remove restrictions on... ↗
- 3 Sep 2026 Restrictions ongoing; exceptional costs continue – Statutory PBT from continuing operations of £11.8m includes adjusting/exceptional items of £21.0m, predominantly relating to costs in Foppen of ongoing... ↗
What is happening
Hilton Food Group: Foppen US shipment disruption – Restrictions ongoing; exceptional costs continue. ['Restrictions ongoing; exceptional costs continue']
- In short
- Since November 2025 US export restrictions on Foppen's Greek facility have driven exceptional costs, previously £27.6m. H1 2026 adds further exceptional costs within a £21.0m adjusting items total, and Foppen performance was disappointing with margin pressure.
- Announced
- 11 Nov 2025 · Greek production not resuming in 2025
- Latest
- 3 Sep 2026 · Restrictions ongoing; exceptional costs continue
- Exceptional costs
- £27.6m booked
- Shipping
- US exports now by sea rather than air
- Next milestone
- FDA feedback on submission; no date stated
- H1 adjusting items
- £21.0m, predominantly Foppen restrictions plus restructuring and transformation costs
- Earlier exceptional costs
- £27.6m booked previously
- Restrictions
- Ongoing regulatory restrictions on exports from Greece to US
What comes next
FDA feedback on submission.
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