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Sigma Foods Reports Record 2025 Revenue and Q4 Profit Rebound, Raises 2026 Capex

Guidance points to lower input costs plus a possible World Cup lift.

Overview

  • Full-year revenue reached $9.27 billion, with reported growth boosted by Mexican peso appreciation against the dollar.
  • Fourth-quarter revenue rose 12% to $2.46 billion as Mexico and Europe led gains; operating income hit $207 million and net income swung to $177 million from a $320 million loss a year earlier, helped by FX gains and stronger operations.
  • Management guides to roughly 4% sales growth in 2026 driven by volume recovery and easier raw‑material conditions, with a potential boost from World Cup activity in Mexican host cities and the U.S.
  • Capital spending is set to rise 27% in 2026 to about $460 million after $361 million in 2025, prioritizing capacity restoration in Spain, expansions in Mexico and the U.S., and global systems modernization.
  • Sigma says 2025 price increases offset roughly $400 million of input-cost pressure, while key commodities such as turkey breast have begun to decline, down about 12% so far this year.