Skane Dairy sees earnings improvement

Sweden's Skane Dairy group has reported a steady increase in
profits for the first half of the year, helped by good sales of its
ProViva functional juice drink.

Swedish milk group Skane Dairy​ has reported an improvement in first half net profits from SKr23 million to SKr30 million (€3.3m), helped by a steady rise in sales.

The company said that sales growth had been driven primarily by its sour milk, fruit yoghurt, juice and ProViva brands. ProViva is the company's non-dairy functional fruit drink which contains Lactobacillus plantarum 299v​.

The half also saw the nationwide launch of the company's Primaliv yoghurt brand, the first product in Sweden to be approved as a functional food, according to the company. The yoghurt contains another probiotic ingredient, LactobacillusRhamnosus 271​, which helps digestion of food and can even offer relief for certain stomach disorders.

Skane Dairy's recent marketing joint venture with compatriot dairy group Milko​, called Ostkompaniet, has helped the company improve its profitability in the cheese sector, the firm said in a statement.

Related topics Manufacturers