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Arla's Board of Directors proposes to pay out entire 2018 net profit to farmer owners in light of strong balance sheet

Arla's Board of Directors proposes to pay out entire 2018 net profit to farmer owners in light of strong balance sheet

​A proposal to pay out the entire 2018 net profit of Arla Group has been prepared by Arla's Board of Directors due to the positive development of Arla Foods’ balance sheet. The Board also recognizes that many Arla farmers are facing a tough financial situation due to this summer’s drought in Europe, and that it is in Arla’s best interest for this year’s net profit to be paid out to the farmers.

Arla Foods UK sees revenue growth of  2.3 per cent in the first half of 2018 with a net revenue of £961m (€1,093bn)

Arla Foods UK sees revenue growth of 2.3 per cent in the first half of 2018 with a net revenue of £961m (€1,093bn)

The UK, Arla Food amba’s largest market, sees net revenue up 2.3 per cent overall year-on-year. The Arla Foods UK 6.7 per cent strategic branded sales volume was supported by the core Arla® brand at 9.3 percent growth, Castello® at 8.8 per cent and Lurpak® at 2.2 per cent. Across Group, 2018 savings from Calcium transformation expected to exceed EUR 30m target

Starbucks extends strategic partnership with Arla Foods to grow ready-to-drink across EMEA

Starbucks extends strategic partnership with Arla Foods to grow ready-to-drink across EMEA

After seven years of a successful business partnership, Starbucks has a new strategic licensing agreement with the farmer-owned dairy cooperative Arla Foods. The companies have signed a long-term 21-year strategic agreement, giving Arla Foods license to continue to manufacture, distribute and market Starbucks premium milk-based ready-to-drink coffee beverages across Europe, Middle East and Africa.

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Arla Foods is the UK's number largest dairy company.

Arla Foods is a global dairy company and co-operative owned by 10,300 dairy farmers with around circa 2,500 of whom are British.

Dating back to 1881, Arla’s purpose is to secure the highest value for its farmers’ milk, while creating opportunities for their growth. With production facilities in 11 countries and sales offices in a further 30, Arla is the world’s fifth largest dairy company and largest supplier of organic dairy products. Arla has a total of more than 18,000 colleagues and its products are sold under the well-known brands Arla®, Lurpak® and Castello® in more than 100 countries.

Arla Foods UK is the largest dairy company in the country and is home to leading dairy brands Anchor®, Cravendale, and Lactofree® with a turnover of €2.2 billion. As well as being a leading supplier of fresh milk, number one in butter, spreads and cream, Arla is the UK’s largest cheese manufacturer. It has also built the world’s largest fresh milk facility located at Aylesbury and has plans for it to be the first zero carbon site of its kind. The UK business has a team of approximately 3,500 colleagues located at its dairies, distribution centres and head office.

Arla Foods
4 Savannah Way, Leeds Valley Park, Leeds
LS10 1AB England
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