LDC Group, Europe's leading poultry producer, reported a 6.6% increase in quarterly revenue to EUR1.88 billion for Q2 2026, with all four business divisions showing year-on-year growth driven by strategic acquisitions and strong market demand across poultry, international, convenience food, and upstream operations.
- Q2 2026 Performance: LDC Group achieved 6.6% revenue growth to EUR1.88 billion, with 2.5% higher sales volume compared to the same period in 2025
- Half-Year Results: H1 2026 revenue reached EUR3.74 billion, representing 8.4% year-on-year growth, including EUR110 million from recent acquisitions
- Divisional Strength: Poultry division led with EUR1.04 billion in Q2 revenue, while International division achieved 15.5% year-on-year growth to EUR707 million
- Strategic Growth: Recent acquisitions including Pierre Martinet Group and Green Label contributed significantly to revenue expansion across divisions
- Company Scale: LDC Group produces 469 million poultry units annually, operates across six European countries, and exports approximately 20% of sales globally
For all four of its business divisions, LDC Group reports year-on-year increases in revenue for the second quarter just published.
Covering the period June to August of 2026, the latest three months delivered a 6.6% increase in total revenue to more than EUR1.88 billion (US$2.11 billion) compared with the same quarter of last year. In volume terms, sales were 2.5% higher than at the same point of 2025.
The largest of the group’s divisions by revenue is Poultry, which generated revenue of more than EUR1.04 billion, followed by International (EUR366 million), Convenience Food (EUR323 million), and Upstream (EUR153 million).
Group half-year saless boosted by recent acquisitions
For March-August of 2026, LDC reports an 8.4% year-on-year increase in revenue at close to EUR3.74 billion, while sales were up 7.5% in volume.
These figures include contributions of EUR110.0 million, the firm reports, from recent acquisitions. These include Pierre Martinet Group (EUR68 million over three months) and Green Label (EUR34 million; four months), as well as Huttepain Soréal Aliments and Interv’Volailles (EUR8 million; six months).
On a like-for-like basis, revenue of EUR3.63 billion represents a year-on-year increase of 5.2%, with sales volume up by almost 3%.
Half-year results by division
Solid sales growth characterized the performance of the Upstream division, according to LDC. It generated revenue of around EUR315 million for the first half of the fiscal year, representing increases of 5.9% overall, and 3.3% on a like-for-like basis. Compared with the same period of last year, sales of hatching eggs were up by 3.7%, and breeders by 8.6%.
Huttepain Soréal Aliments and Interv’Volailles are recent additions to the group’s Upstream division, integrated into the business in January of 2026.
Heatwaves during May and June hit this division hard as mortality rate spiked, but adjustments to bird management mitigated the effects of a second spike in temperatures in July and August.
For the first two quarters, revenue was up 4.0% year-on-year for LDC’s Poultry division to just over EUR2.08 billion. This was driven by a more favorable product mix, including higher sales of “Label Rouge,” organic and free-range lines, as well as cooked and processed products. LDC also notes that its turkey production continues to recover from avian influenza outbreaks at the end of the 2025-2026 financial year, and also a return to growth of the duck meat sector.
LDC’s International division recorded strong volume growth of 16.3%, which contributed to a 15.5% year-on-year increase in its revenue to over EUR707 million.
In June, the division was hit hard by a fire that destroyed the Tranzit-Food chicken processing facility in Nyírbátor in Hungary. LDC reports that it was able to put in place alternative product supplies to meet the needs of customers. Cause of the fire is still under investigation.
The prolonged period of hot weather during the summer months helped to boost sales of salads, snacks, and pizzas for the group’s Convenience Food division. Half-year revenue was up 18% year-on-year to almost EUR635 million. This is attributed in part to the contribution of the Pierre Martinet business in the March-May period.
More on LDC Group
With annual production of 469 million chickens, turkeys, ducks and geese, LDC is among the leading poultry meat companies in Europe, according to the WATT Poultry Top Poultry Companies database for 2025.
The same source notes that LDC is the largest producer in France, and exports around 20% of its sales. Its brands include Maitre Coq, Volailles Le Fleuron, Bio Bresse, Fermiers de Loué, Le Gaulois, and Chip Long.
As well as its home market of France, LDC has operations in Poland, Germany, Belgium, the United Kingdom, and Hungary. LDC in Hungary also oversees the company’s business in Romania. Most of the group’s subsidiaries operate under local management.
The Lambert, Chancereul, Huttepain, and Guillet families together hold just over 69% of LDC Group shares.
In the last full financial year (2024-2025), LDC Group reported total revenue of just over EUR7.28 billion, which represented a 15% increase over the previous 12 months. On a like-for-like basis, the increase was 7.6%.
Earlier this year, LDC’s CEO Philippe Gelin outlined the company’s strategy for future growth.
