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Categories: good year

  • 2008 – a good year that ended in difficult circumstances

    Arla's profits for 2008 total DKK 556 million, DKK 350 million below budget. Although the milk price (including the supplementary payment and consolidation to member’s capital account) for the cooperative milk producers in 2008 was the highest ever, amounting to DKK 2.5 billion more than in 2007, the result is not satisfactory, according to Peder Tuborgh, CEO of Arla Foods.