Global FMCG manufacturer Princes Group reported a strong performance in the third quarter of 2025, with EBITDA surging by 51.5% to £111.1 m.

Princes Group saw its revenue reach £1.4bn in the first nine months of 2025, driven by an improvement in its structural margin.

New Princes also acquired Kraft Heinz’s Italian baby food business as part of its plan to expand its portfolio.

The business saw the group’s B2B channel sales increase by 10% year-on-year,  driven by better pricing and product mix discipline and by exiting low-margin foodservice and private-label contracts, according to the company.

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Simon Harrison, CEO of Princes Group, said: “This has been a milestone period for Princes, with our admission to trading on the London Stock Exchange. We have taken decisive actions to enhance earnings quality, improve efficiency and strengthen our commercial partnerships.

“We are building a resilient, margin-accretive and customer-led business with a clear path for sustained growth. Our M&A and integration capability set, along with the firepower we now have as a group, is creating exciting opportunities to pursue value-accretive M&A, in line with our stated strategy.”

Moving forward, the business projects a full-year revenue of between £1bn and £1.5bn and expects an EBITDA margin of 9%.

Last month the parent company of Princes Company confirmed its intention to float in a London IPO as part of the London Stock Exchange.

New Princes also acquired Kraft Heinz’s Italian baby food business as part of its plan to expand its portfolio.