Baader Food Systems Denmark A/S

Beskrivelse af virksomhedens væsentligste aktiviteter

Principal activities
BAADER Food Systems Denmark A/S develop, produce and sell Spareparts, Machines and Complete plants for slaughtering and processing of poultry as well as weighing and grading equipment. The weighing and grading equipment can also be used in the fish as well as other food industries.
Sales, Marketing and Service in several important markets takes place directly through subsidiaries.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financial position
The company experienced an increase of the turnover of 14% compared to 2022, which is generated from improved market conditions in developed markets and a higher attention to the after sales market. For 2023 we experienced an increase in demands of the spare part and services to optimize existing machinery, but also a lower interest in investing in new machines. The company achieved a profit of DKK 40.6m in 2023 against DKK 47.6m in 2022. The result for 2023 is considered satisfactory.
The net result including the result of equity investments in group companies is considered satisfactory.

Omtale af betydningsfulde hændelser, som er indtruffet efter regnskabsårets afslutning

Significant events after the end of the financial year
No events of material importance for the company's financial position occurred after the end of the financial year.

Beskrivelse af virksomhedens forventede udvikling

Future expectations
Baader Food Systems Denmark A/S expect a continued positive development on important markets compared to the 2023. It is expected that last year’s focus on the aftermarket with both local presence and highly educated service technicians, will continue to drive the future service and sparepart sales. It is also expected that there will be a stronger renewed interest for investing in new equipment and to either extend production capacities in existing lines or to build new complete plants, to support the increased request for protein products.
The company's continued focus on growth, but also efficiency and adjustments of the organization is expected to help stabilize the earnings in the years to come. For 2024 the revenue is expected to be slightly higher compared to 2023, but profit before tax is expected to be 10% higher than 2023 (DKK 46.5 m).