Finance
Meat producer Danish Crown's profit slides, hit by Chinese pork duties
Published by Global Banking and Finance Review
Posted on November 21, 2025
1 min readLast updated: January 20, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on November 21, 2025
1 min readLast updated: January 20, 2026
Danish Crown's profits fell over 21% due to Chinese tariffs on European pork. The duties, seen as retaliation for EU tariffs, impact farmers and shareholders.
By Soren Jeppesen
COPENHAGEN (Reuters) -Danish pig farmers' profits are being squeezed by Chinese tariffs on Europe, Danish Crown said on Friday after reporting net profit down more than 21% at 788 million Danish crowns ($122 million) for its financial year to September 30.
Denmark's biggest meat producer and exporter said that gross profit had been hit by Chinese anti-dumping duties on European pork exports, adding that tariffs lead to reduced shareholder payouts.
"We really can't do much other than just absorb the 30% duties and try to pass some of it on to importers," CEO Niels Duedahl told Reuters.
In the end, it is the farmers, who also hold stakes in Danish Crown, who ultimately pay the price, he said.
The duties imposed in early September are widely viewed as retaliation for EU tariffs on Chinese electric vehicles.
A substantial amount of the company's exports to China consist of offal, which can only be sold at a fraction of the price in Europe and Africa.
($1 = 6.4662 Danish crowns)
(Reporting by Soren JeppesenEditing by David Goodman)
Anti-dumping duties are tariffs imposed to protect domestic industries from foreign companies selling products below market value, preventing unfair competition.
Shareholder payout refers to the distribution of profits to shareholders, typically in the form of dividends, reflecting a company's profitability.
Net profit is the total revenue minus total expenses, taxes, and costs, representing the actual profit a company makes during a specific period.
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