MHP SE (MHPC) Earnings Call Transcripts

MHP SE's Latest Earnings Call - Q1 FY2026

MHP SE reported a strong Q1 2026, with revenue increasing by 31% year-on-year to USD 1 billion, primarily driven by the consolidation of UVESA and growth in European operations. However, the company faced challenges with a net loss of USD 85 million due to foreign exchange losses and margin pressures in the poultry segment. Management maintained a cautious outlook, projecting full-year EBITDA guidance of USD 520 million to USD 550 million, reflecting ongoing challenges in the poultry market but optimism in agricultural and European operations.

Reported metrics

Guidance from management

Management maintained full-year EBITDA guidance of USD 520 million to USD 550 million, reflecting a conservative outlook amid ongoing challenges in the poultry segment and expectations for improved performance in agriculture and European operations.

What management said

No. Fourth quarter compared to the year-on-year, it will be around only 5%. But you understand that in the first quarter, we had significant increase in our cost production, not significant, but increase because we have very cold winter with temperature minus 25 degrees. And the price of electricity, it was very high in Ukraine during the first quarter, that is why our cost of production in the first quarter was by a...

Operating cash flow, it is where you look from segment results, yes. Operation cash flow because operational cash flow after investment in working capital. But at the same time, as I told the investment in working capital this year was slightly less than last year. Your question about just the poultry segment or about our full.

What analysts pressed on

Analysts expressed concerns regarding the poultry segment's declining margins and the impact of foreign exchange losses on profitability. There were also questions about the timing and funding of the recent acquisition in Greece, as well as the company's cash flow management amidst significant short-term debt.

Main topics on the call

• Revenue Growth Driven by European Operations — MHP's Q1 2026 revenue surged to USD 1 billion, a 31% increase year-on-year, largely due to the consolidation of UVESA and expansion in European markets. Management noted, "the growing contribution from our European opera...
• Net Loss Due to Foreign Exchange — The company reported a net loss of USD 85 million, primarily attributed to foreign exchange losses compared to gains in the prior year. This was a significant shift, impacting overall profitability despite revenue growth...
• Poultry Segment Challenges — The poultry segment's EBITDA declined to USD 19 million, affected by lower prices and higher production costs. Management stated, "the low export price, especially low rice export price in Europe" has led to a challengin...
• Positive Outlook for Agriculture and European Operations — Despite poultry challenges, management expressed optimism for the agriculture segment, expecting it to deliver positive results due to favorable crop prices. They indicated, "we expect Agriculture to continue delivering ...

Read the full MHP SE transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 MHP SE earnings call transcripts on record, spanning April 14, 2020 to June 16, 2026. Based on this history, MHP SE reports quarterly. The most recent call on file is dated June 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MHPC

Exchange

LSE

Country

GB

Sector

Consumer Staples

Industry

Food Products

Calls on record

24

First call

April 14, 2020

Most recent

June 16, 2026

Reporting cadence

quarterly