Get the app today! Download iPhone App Download Android App

Dairy Giant Arla Reaps Benefits From Transformation Programme

Published on Feb 20 2019 8:58 AM in A-Brands tagged: Trending Posts / Arla / Denmark / Arla Foods / Paywall

Dairy Giant Arla Reaps Benefits From Transformation Programme

Danish dairy firm Arla has posted a marginal increase in sales in full-year 2018, to €10.4 billion, up from €10.3 billion the previous year.

In a statement, the group noted that the improved performance was despite a ‘difficult’ first quarter, adding that its transformation programme, Calcium, helped to deliver cost savings ‘far beyond targets for the year’.

The company said that on the back of its improved performance, it plans to pay out its entire net profit (€290 million) for the year to farmer-owners.

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on LinkedIn Share on Tumblr Share via Email