Paridaans en Liebregts, Pali Group for short, has achieved considerably more turnover in 2023. However, the profit figures of the company that is active in the meat chain for pigs, calves and goats show a significant decline.
This is evident from the company's annual report that was recently filed with the Chamber of Commerce. The year 2023 was not easy for Dutch meat companies, as shown by the results known so far (Van Loon Group and Compaxo). Pali Group also shares in this fate. The result after tax almost halved to €3,98 million, with the decline still positively influenced by currency effects.
Turnover increased by just €40 million to €601 million. This results in a tight net profit margin of 0,66%. The company's solvency is not generous at 34%, but it is in order.
The Netherlands is the most important sales market
Three quarters of the turnover comes from the slaughterhouses that belong to the Pali Group. The rest is realized through the livestock trade with some integration. The Dutch home market is still by far the most important sales market, followed by Germany, Italy and France. Veal is very popular in the latter two countries.
Pali announced at the end of last year that the location in Geldrop, where pigs were slaughtered, had been sold to Compaxo. In the new construction that has now been completed, deboning continues to take place partly at Pali Meat in Oss.