Inflation: latest news, insights and analysis | ESM Magazine

French Dairy Group Lactalis Says 2023 Profitability Hit By Inflation

Lactalis said its sales had risen by 4.3% to €29.5 billion ($31.51 billion) in 2023, but its net profit margin remained low as inflation pressured con...

FrieslandCampina's FY 2023 Performance Dented By Market Conditions, Restructuring Costs

Dutch dairy giant FrieslandCampina saw a 'difficult' 2023 with its annual results impacted by unfavourable market conditions and one-off restructuring cost...

Arla Reports Flat Full-Year Revenue Amid ‘Tough Market Conditions’

Danish dairy firm Arla ended its 2023 financial year with revenue of €13.7 billion – almost on a par with the previous financial year (€13....

FrieslandCampina To Cut Over 1,800 Jobs As Part Of Cost Savings Plan

Dutch dairy cooperative FrieslandCampina plans to cut over 1,800 jobs across the organisation over the next two years as part of its cost savings plans.

FrieslandCampina Targets Annual Cost Savings Of €400m To €500m

Dutch dairy cooperative FrieslandCampina aims to achieve annual cost savings in the range of €400 million to €500 million from 2026, by implement...

Arla Cuts Sales Forecast As Consumers Opt For Cheaper Butter, Cheese

Arla lowered its full-year sales forecast, saying inflation and the rising cost of living in Europe were prompting consumers to buy fewer or cheaper dairy...

FrieslandCampina Sees Operating Profit Decline In A 'Challenging' First-Half

Dutch dairy cooperative FrieslandCampina has reported a 85.7% year-on-year drop in operating profit, to €47 million, in the first half of its financia...

Germany’s Hochwald Sees Sales Up In Full-Year 2022

German dairy cooperative Hochwald reported sales worth €1.97 billion in its financial year 2022, which it says was the highest ever in the company's h...