GBAF Logo
Finance

HelloFresh sees potential hit from US tariffs, CFO says

Published by Global Banking & Finance Review

Posted on March 20, 2025

1 min read

· Last updated: January 24, 2026

Add as preferred source on Google
Moldovan anti-government protests funded by Ilan Shor - Global Banking & Finance Review
The image illustrates the ongoing anti-government protests in Moldova, where fugitive tycoon Ilan Shor offers $3,000 monthly to participants. This controversial move aims to destabilize the pro-European government ahead of elections.
Global Banking & Finance Awards 2026 — Call for Entries

HelloFresh Warns of Revenue Impact Due to US Tariffs

(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)

Key Takeaways

  • HelloFresh anticipates a revenue impact from US tariffs.
  • The impact could be in the lower double-digit euro millions.
  • Certain vegetables are sourced from Mexico, affecting costs.
  • North America accounts for 66% of HelloFresh's revenue.
  • CFO Christian Gaertner discussed this at a capital markets day.

Frequently Asked Questions

What is the main topic?
The main topic is the potential revenue impact on HelloFresh due to US tariffs, as discussed by their CFO.
How much of HelloFresh's revenue comes from North America?
North America represents 66% of HelloFresh's total revenue.
What products are affected by the tariffs?
Certain vegetables sourced from Mexico are affected by the US tariffs.

Related Articles

Image for EssilorLuxottica CEO confident in share recovery over time

EssilorLuxottica CEO confident in share recovery over time

Image for London's FTSE 100 set to snap six-day losing streak on BP boost

London's FTSE 100 set to snap six-day losing streak on BP boost

Image for German union calls for walkouts at Deutsche's Postbank in wage dispute

German union calls for walkouts at Deutsche's Postbank in wage dispute

Image for Swiss court discontinues Karimova trial

Swiss court discontinues Karimova trial

Image for Sterling dips as central bank decisions, Iran war uncertainty in focus

Sterling dips as central bank decisions, Iran war uncertainty in focus

Image for UK lowers population growth estimate as immigration slows

UK lowers population growth estimate as immigration slows

More from Finance

Explore more articles in the Finance category

Image for EssilorLuxottica CEO confident in share price recovery over time
EssilorLuxottica CEO confident in share price recovery over time
Image for Finland and Estonia say US defence deliveries delayed over Middle East war
Finland and Estonia say US defence deliveries delayed over Middle East war
Image for Boliden relies on stable electricity prices as Iran war drives up oil
Boliden relies on stable electricity prices as Iran war drives up oil
Image for Spotify forecasts second-quarter profit below estimates, shares fall
Spotify forecasts second-quarter profit below estimates, shares fall
Image for Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals
Image for China's cyberspace regulator warns ByteDance apps, website over AI-content labelling
China's cyberspace regulator warns ByteDance apps, website over AI-content labelling
Image for Sweden warns of potential jet fuel shortage
Sweden warns of potential jet fuel shortage
Image for UK grocery inflation eases to 3.8% in April, says Worldpanel
UK grocery inflation eases to 3.8% in April, says Worldpanel
Image for Russian central bank wants mandatory yuan reserves for lenders
Russian central bank wants mandatory yuan reserves for lenders
Image for Citi hires Barclays' Potts to head shareholder advisory arm
Citi hires Barclays' Potts to head shareholder advisory arm
Image for EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil
EU's top diplomat calls on Southeast Asian countries to seek alternatives to Russian oil
Image for US agency upgrades probe into JLR vehicles' steering troubles
US agency upgrades probe into JLR vehicles' steering troubles
View All Finance Posts