Danish Crown Earns More After New CEO's Crisis Response
3 Articles
3 Articles
Danish Crown earns more after new CEO's crisis measuresThe country's largest slaughterhouse group Danish Crown is showing signs of improvement after new CEO Niels Duedahl has implemented several extensive crisis measures.
The crisis-stricken slaughterhouse group, owned by 5,000 Danish farmers, is growing after the first part of the staggered financial year in earnings and with fewer operating costs.
The Danish brewery, Carlsberg, is shown as a safe haven within the European Union's beverage industry, which gives a small exposure to tariff volatility considerations in the United States, and a solid self-help trajectory. In this context, the revenues reported in Western Europe grew by 31% due to Britvic's acquisition while organic growth was negative by 2.9% due to the loss of St. Michael. Excluding St. Michael, Carlsberg's volumes grew organ…
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