Finance
HelloFresh sees potential hit from US tariffs, CFO says
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 20, 2025
1 min readLast updated: January 24, 2026
HelloFresh CFO warns of a potential revenue hit in the lower double-digit euro millions due to US tariffs, affecting their North American market.
(Reuters) - German meal-kit maker HelloFresh sees a potential impact in the lower double digit euro million number from U.S. tariffs, its finance chief said on Thursday.
The company sources certain vegetables from Mexico, for example, Chief Financial Officer Christian Gaertner said, so tariffs would have some impact.
"It would be a lower double digit euro million number in unmitigated fashion," Gaertner told the company's capital markets day.
North America represented 66% of the group's revenue of 7.66 billion euros ($8.31 billion) in 2024.
($1 = 0.9217 euros)
(Reporting by Linda Pasquini; Editing by Tomasz Janowski)
The main topic is the potential revenue impact on HelloFresh due to US tariffs, as discussed by their CFO.
North America represents 66% of HelloFresh's total revenue.
Certain vegetables sourced from Mexico are affected by the US tariffs.
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