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Investment programme at DKK 1.6 billion

Press Release   •   Oct 04, 2002 15:44 CEST

Arla Foods’ Supervisory Board this week approved an investment programme of DKK 1,632 million for the coming year. Slightly below last year’s investment budget of DKK 1,732 million, the programme is primarily aimed at increasing capacity and processing.

55% of the programme will be channelled into capacity expansion and enhanced processing facilities while 14% is allocated to efficiency measures. Maintenance accounts for 12% and investments in quality and the environment account for 5% and 4% respectively.

At DKK 534 million, the Production Division received the main share of the new investments with Arla Foods Ingredients taking DKK 437 million. Investments of DKK 197 million and DKK 194 million are planned for the Sweden Division and Denmark Division respectively.