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Pick Szeged Revenues Up, Net Income Down in 2025

D&T
May 4, 2026

Meat processing company Pick Szeged Plc.’s revenue increased, while its net profit decreased in 2025 compared to the previous year, the meat processing company announced in its annual report published on the Budapest Stock Exchange (BSE) website.

The company’s net revenue rose from HUF 85.2 billion to HUF 86.2 billion, while its net profit after tax fell from HUF 6.76 billion to HUF 6.46 billion.

The company’s export sales totaled HUF 21.6 billion in 2025, accounting for 25.1% of total revenue. The company’s products are sold in more than 20 countries.

According to the report, the company, which employs 1,500 people, ensured stable, uninterrupted, and profitable operations in 2025 through continuous optimization of operational efficiency and its product portfolio. Pick Szeged will continue to focus on increasing efficiency, improving its production processes, and strengthening its market positions in 2026, the report noted.

They highlighted that the most significant risk for the company is the fluctuation of raw material prices, which can lead to significant volatility. Due to long-term price agreements, the profitability of meat products can only be ensured in the long term through pricing that provides a buffer against fluctuations in raw material prices.

Pick Szeged Plc., headquartered in Szeged, SE Hungary, and selling more than 40,000 tons of meat products annually, is a member of the Bonafarm Group and one of Hungary’s leading meat processing companies.

D&T

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