Arla Foods amba confirms unchanged February milk price
Arla Foods amba’s conventional milk price for February 2019 will be unchanged, with the manufacturing price per litre remaining at 30.24 pence from 1 February 2019 for Arla’s farmer owners.
Topics: Food
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Leading the whey with new innovation centre
Farmer-owned Arla Foods is to build a groundbreaking innovation centre in Nr. Vium, Denmark to unleash the wonders of whey. Part of Arla Foods Ingredients, the new centre will be home to leading scientists and innovators who will discover and deliver new ways of using milk and whey to serve the needs of the world’s growing population.
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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
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.
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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
