Total volumes shipped grew by 2.7%, reflecting sustained demand for essential food, feed, fibers, and industrial products.
Revenue rose 1.2% from £3.232 billion (US$4.327B) in 2024, with branded products accounting for approximately 90% of total sales.
This decline in profitability was primarily attributed to a challenging consumer landscape, higher marketing expenditures, and rising labour and freight costs, although these pressures were partly offset by moderating ingredient costs and lower interest expenses.
With H1 performance supporting its unchanged 2026 guidance, the company enters the second half with continued momentum across nutrition, health and beauty markets.
The US baking mix maker is focusing on its main product lines while using licensing deals to expand into new categories and channels.