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Lower turnover, more profit for Pali Group

18 January 2023 - Klaas van der Horst

Livestock and meat company Paridaans en Liebregts recorded a 2021% lower turnover in 4,5 than in the previous year. Profits, however, did not suffer. It doubled in 2021.

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This is evident from the annual report of the company, which is active in both the veal calf and pig sectors. Most calf activities are concentrated in Den Bosch, and the company has a pig slaughterhouse in Geldrop.

Lower purchasing costs
Turnover decreased by more than €2021 million to €22 million in 471. However, due to an even greater decline in (purchasing) costs and lower interest costs, much more remained. The result after tax increased from €3,58 million to almost €7,3 million. Due to the improved results, equity increased from 33% to 38% of the balance sheet total.

The most important sales markets for the company are: the Netherlands, Germany, Italy and France. 29% of the turnover was achieved in the Netherlands. In Germany 17%, in Italy about 13% and in the Netherlands 10%. The rest (31%) went to other destinations.

The two slaughterhouses and related activities consistently accounted for 76% of the turnover, the remainder of the turnover was provided by trading activities and animal husbandry.

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