Stable year for SPF-Denmark despite turmoil in the market
The financial year 2021/22 was characterized by large fluctuations in the prices of piglets, turnover difficulties, great variation in transported fattening pigs throughout the year and significant price increases in relation to the operation of 135 pig trucks for national transport tasks.
"We have had a year in which there has really been a need for an effort beyond the usual on the part of our employees. In the first half of the year, we had quite a lot of fattening pigs to transport, which drew big changes. Corona effects in daily operations and large quantities of slaughter placed extraordinary demands on efficient planning of the transports. The piglet turnover has been characterized by a very volatile market with large shifts in the balance between supply and demand. In other words, every corner of the company has gone to great lengths to service our customers, so I am actually very satisfied with our result," says Jens Kongensholm, CEO of SPF-Denmark.
SPF-Danmark came out of the financial year 2021/22 with a turnover of DKK 862.7 million ( 1 DKK = 0,13 EUR) compared to DKK 872.2 million in the previous year. A drop of just over one percent. The profit after tax, on the other hand, increases from DKK 7.1 million to DKK 7.4 million, which is an increase of just over four percent.
Towards the end of the financial year, SPF Danmark expanded its activities when the company, together with VikingDanmark, bought the Kolding Export Center, which for many years has functioned as a collection center for SPF-Danmark's export of piglets.
"We have a strong, well-invested and flexible setup, so we are well prepared to face the major changes that are currently taking place in pig production across Europe. At the same time, we have a competent staff of employees who are passionate about their jobs, so even though our industry is characterized by uncertainty right now, I have no doubt that we will also have a central role in the industry in the coming years," says Jens Kongensholm.
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