Denmark’s Hedegaard Foods sold 1 billion eggs in 2012, making it the market leader for egg supplies in the Nordic region.
The company’s latest annual results statement details that turnover at the company increased by 10 percent in 2012 to stand at DKK 933 million (US$163.7 million), while profits reached a new high of DKK 28 million. Sales were boosted by the inclusion of results for Swedish egg packing company Svenska Lantaggg, which was purchased by Hedegaard Foods in 2011. Hedegaard estimates that it now holds 20 percent of the market in Sweden, and a 50 percent market share in Denmark.
The company’s latest annual results statement details that turnover at the company increased by 10 percent in 2012 to stand at DKK 933 million (US$163.7 million), while profits reached a new high of DKK 28 million. Sales were boosted by the inclusion of results for Swedish egg packing company Svenska Lantaggg, which was purchased by Hedegaard Foods in 2011. Hedegaard estimates that it now holds 20 percent of the market in Sweden, and a 50 percent market share in Denmark.
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