Glossary entry

Danish term or phrase:

præstere en afregning

English translation:

secure a price level

Added to glossary by Michael Davies
Feb 3, 2018 12:34
6 yrs ago
6 viewers *
Danish term

præstere en afregning

Danish to English Bus/Financial Manufacturing
"Nå det ambitiøse mål om i 2021 at præstere en afregning, der er 60 øre bedre pr. kg end de konkurrerende nabomarkeder".

Having some difficulty with this one - 'achieving a return' perhaps?
Change log

Feb 7, 2018 15:53: Michael Davies Created KOG entry

Discussion

andres-larsen Feb 3, 2018:
paying suppliers a better settlement price paying suppliers a [comparatively] better settlement price [in 2021]

Proposed translations

1 day 19 hrs
Selected

secure a price level

at præstere = to perform / achieve / accomplish ...
en afregning = settlement (e.g. of accounts)
Example sentence:

The aim of this is to <i>secure a price level</i>, giving the buyer the economic ability to live on and run the farm as obliged.

We shall aim to secure a price level that will support investment in the industry

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4 KudoZ points awarded for this answer.
5 hrs

paying suppliers more / strategic commitment of paying suppliers extra [in this specific context]

paying suppliers more / strategic commitment of paying suppliers extra [in this specific context transliterating would be inappropriate]

meeting the ambitious target of paying our suppliers 0.60 DKK more per kg than our competing neighbouring markets in 2021

source: customer annual report

Annual report 2016/17 - Danish Crown
https://www.danishcrown.com/.../danish-crown-annual-report-2...

30 sep. 2017 -

Reports Page 14

Chairman´s Report

A positive turning point for the owners and the Group

On the other hand, it is of course not satisfactory that we suffered a slight setback to our strategic commitment of paying an extra 0.60 DKK to our suppliers compared to the European settlement price in 2021.

Group CEO´s Report

Reports Page 16

Our foundation is in place for the future

During the year, we have laid the foundation for realising our strategic targets
within four focus areas and for meeting the ambitious target of paying our suppliers 0.60 DKK more per kg than our competing neighbouring markets in 2021.

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Note added at 5 hrs (2018-02-03 18:11:02 GMT)
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you could also translate this as:

paying suppliers a [comparatively] better settlement price [this would still be in line with your context based on this same source]
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