Germany

T�nnies obtained a turnover of 6.9 billion euros in 2017

German-based meat producer T�nnies has reported a turnover of 6.9 billion euros in 2017 based on last year's merger with Zur M�hlen Group and the increase in the number of slaughtered pigs and cattle.

Posted on Apr 17 ,13:36

T�nnies obtained a turnover of 6.9 billion euros in 2017

Tönnies slaughtered 20.6 million pigs in 2017, with an increase of 1% compared to the previous year.Of these, 16.6 million pigs were slaughtered in Germany. This corresponds to an increase of 400,000, an increase of 2.5%.

Tönnies also slaughtered a number of 432,000 cattle in 2017. The small increase in the number of pigs slaughtered outside of Germany can be attributed to weakness in the Danish market. The slaughter output decreased by about 5% overall – Tönnies was also stronger here. The export share was about 50%.

"We are experiencing stable growth – contrary to the market trend. I feel confident about the future, despite the fact that price pressure and competition have intensified significantly in recent months," says Andres Ruff, Managing Director of the Tönnies holding company.

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