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HelloFresh sees potential hit from US tariffs, CFO says

Published by Global Banking and Finance Review

Posted on March 20, 2025

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(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)

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