Thai Union Group has reported record profitability for the full year and fourth quarter of 2025, demonstrating resilience amid tariffs and currency pressures.
Across the year the seafood producer achieved a record gross profit margin of 18.9%, supported by stronger margins in its Frozen business, improved product mix and disciplined cost controls. Sales volumes rose 2.5% to 908,000 tonnes, while full-year sales reached THB 133 billion (€3.62 billion). Adjusted operating profit totalled THB 7 billion (€190 million).
“2025 was a year of exceptional external headwinds, from tariffs to currency pressures, yet Thai Union remained resilient and achieved record gross profit margins, earnings per share growth and constant progress on sales volumes,” said Thiraphong Chansiri, president and chief executive.
“Importantly, the transformation we have already put in place allowed us to act as one global organisation – moving faster, managing costs with discipline and protecting margins even as cost pressures intensified.”
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Fourth-quarter performance underscored continued momentum. Excluding foreign exchange impacts, organic sales grew 0.7% for a second consecutive quarter, driven by solid volume gains in Frozen, Feed and PetCare.
The board approved a second-half dividend of THB 0.35 (€0.0095) per share, bringing the full-year payout to THB 0.70 (€0.019) per share, up 6% from 2024 and representing a payout ratio of 57.7%. Earnings per share increased 7.2% year-on-year, supported by ongoing share repurchases.
In Q4, Frozen sales grew 3.4% year-on-year, with gross margin reaching an all-time high of 14.5%. PetCare sales rose 1.4%, with margin improving to 26.3%, exceeding its target range for a third consecutive quarter.
Looking ahead to 2026, Thai Union targets 3–4% sales growth and gross margins of 19–20%, supported by easing foreign exchange headwinds and continued cost discipline.
