All news articles for March 2021

Arla is set on becoming carbon net zero by 2050.

Arla ties climate to financial performance

By Jim Cornall

In 2019, Arla decided to have its environmental, social and governance performance (ESG) externally verified. The company said this demonstrates ESG performance and financial performance are equally important.

Since Bel bought it in 2002, Leerdammer sales and earnings have nearly doubled.  Pic: Groupe Bel

Lactalis set to buy Leerdammer cheese from Bel

By Jim Cornall

Bel Group and Lactalis Group said they have begun exclusive negotiations, with Bel Group set to sell Royal Bel Leerdammer NL, Bel Italia, Bel Deutschland, the Leerdammer brand and all related rights plus Bel Shostka Ukraine, to the French dairy giant.

 Fonterra said it expects its earnings performance to come under significant pressure in the second half.

Fonterra reveals Beingmate share sale in financial report

By Jim Cornall

Fonterra Co-operative Group Limited has announced its 2021 interim results, which show a total group normalized EBIT of NZ$684m (US$494m), normalized profit after tax of NZ$418m (US$302m) and a decision to pay an interim dividend of 5 cents alongside...

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