The corporate continues to restructure
16 August 2023
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Meat manufacturer and exporter Danish Crown on Wednesday mentioned on Wednesday it plans to spice up its profits by way of 1.5 billion crowns every year ($220 million) inside of two years, a part of the corporate’s ongoing restructuring, reported Reuters.
On the identical time, Danish Crown intends to focal point its gross sales extra on shoppers who prioritise Danish beef and merchandise from Danish Crown, it mentioned in a remark.
Danish crown intends to scale back manufacturing prices by way of no less than 500 million crowns consistent with 12 months by way of making higher use of the capability at its slaughterhouses and factories, in addition to a extra high-tech setup, it mentioned.
The corporate additionally intends to scale back administrative prices by way of at least 250 million crowns every year by way of enforcing extra environment friendly strategies.
($1 = 6.8190 Danish crowns)