The UK branch of dairy processor and ingredients supplier Arla
Foods told investors yesterday that it is still on track to reach
revised profit targets for the year, boosted by its brands
Arla UK claimed a moral victory in its long dispute with rival
Robert Wiseman Dairies in Scotland, after the competition appeals
body over-turned an 'inadequate' investigation by the Office of
Arla Foods' factory re-jig paid off this week as the group signed a
joint-venture deal with China's leading dairy firm to get its added
value milk powder products into one of the world's fastest emerging
Arla UK, one of the country's biggest milk processors, has warned
that 2005 profits will be hit by intense cost pressures,
highlighting the crucial role of value-added dairy development to
Arla UK has been criticised for setting up a new wave of
instability through Britain's milk supply chain after it cut the
price it pays to farmers for milk, citing cost pressures,
reports Chris Mercer.
UK milk processors Arla Foods and Dairy Crest have had their
lucrative contracts to supply fresh milk to UK multiple retailer
Morrisons extended - at the expense of rival dairy company Robert
Wiseman, Tom Armitage reports.
Arla Foods and Campina, two of Europe's largest dairy
co-operatives, have abandoned their much-hyped plans to merge,
after failing to secure the confidence of their respective boards,
Tom Armitage reports.