News Pigs
Danish Crown has significantly fewer pigs on its hook
Danish Crown started the 2024/2025 financial year (1 October to 31 March) with improved profitability. However, the company also lost significant market share, as Danish pig farmers deliberately chose other buyers.
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The cost control efforts resulted in a reduction of distribution and administration costs by (converted from Danish Kroner to Euros) €12,6 million. The restructuring did result in one-off costs of €13,4. The operating profit ultimately increased by 2,3% to €175,6 million. The net result increased by 6,2% to €108,7 million.
Significant loss of market share
The restructuring program was mainly set up to realize a better pig price for pig farmers. Over the past year, Danish Crown found itself increasingly less able to pay a competitive pig price. In a European pig market characterized by a tight supply of slaughter-ready animals, Danish Crown acquired no less than 2024% fewer pigs in the period October 2025 to March 12.
According to European figures, the Danish pig supply was between 1% and 1,5% lower last year than a year earlier. Danish Crown also indicates in an explanation of the figures itself that a number of suppliers have chosen to choose other buyers on the Danish market. With the recent significant increase The company hopes to use the purchase quotations to re-engage suppliers and regain market share.
High prices for cattle
In an explanation of the figures, Danish Crown points to the strong demand for beef since the beginning of the year. This leads to higher payout prices for livestock farmers. According to the company, Danish farmers received 13% more for their cattle than a year earlier.