FINDING NEW WAYS TO SELL SALMON
TIM IM BROUWER General Manager | VISSCHER SEAFOOD Age 30 Communications & Food Management 11 years in seafood (4 years fishing, 7 years selling)
57 17M 109M 60% +500% 4 Contracted KG sold in Turnover in Growth in the Continents Sustainable fishery & colleagues 2018 2018 past 5 years customer base aquaculture
HEDGING STRATEGY Physical contracts Pragmatic approach Financial contracts
HEDGING STRATEGY Traditional hedging: Sell a contract / buy a contract Current hedging: Sell/Buy [ Split] Sell/Buy/Sell/Buy >>> A solid hedging strategy with multiple transactions leads to increased margins.
BIGGEST CHALLENGES Growing consumer criticism Over capacity medium small players
CONSUMER CRIT ITICISM • Valid objections • Negative media • Shifting government policies
‘’Every disadvantage has its its advantage.’’ - Johan Cruijff CONSUMER OPPORTUNITIES • Chances for new brands • Food from the hood • Clean eating
OVERCAPACITY Total European supply grew by only 2,5% in 2014-2018* Massive increase in processing capacity in medium small players * Kontali, 2019
CHANGE FOCUS Adding value on top of adding value Improve when we can, not only when we must New concepts
THANK YOU
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