News pigs
Higher Pali Group turnover with stable profits
Paridaans en Liebregts, also known as the Pali Group, has recorded approximately 2022% higher turnover in 20 than in 2021, mainly due to more meat sales, but profits remained virtually the same. This means that the pig and veal calf farms are more likely to share the fate of pig farms than of calf integration.
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The latter, especially the VanDrie Group, Denkavit and partly too Leak, all achieved considerably better results for 2022 than for the previous year. However, the pork companies had a difficult year and saw a decline their profits evaporate.
It is not possible to separate everything at Paridaans & Liebregts, but the company has expanded in the pig sector in recent years and is now closing the slaughterhouse in Geldrop to collaborate with Compaxo. This does not mean that fewer pigs will be slaughtered.
At Paridaans & Liebregts, an internal separation has been made between the trading and farming activities and the meat activities.
Total turnover increased from €471 million to €566 million. Turnover in trading and farming increased from €109 million to €127 million, and in slaughterhouses turnover increased from €471 million to €566 million. Net profit meanwhile rose from €7,3 million to €7,8 million.
The company counts four countries as its most important sales markets: the Netherlands, Germany, Italy and France. Sales increased in all these markets, but the most growth was achieved in the French market, where almost 50% more turnover was recorded.