Because farmers are facing a tough financial situation, partly because of the Europe-wide drought, Arla Foods is proposing to give all 2018 net profits to farmers due to the positive development of Arla Foods’ balance sheet.
Following the announcement in February this year of the partnership between Arla Foods and Yeo Valley on liquid milk, butter and cheese, Arla Foods said it is pleased the Competition and Markets Authority (CMA) has approved the deal following a Phase...
Nestlé dominated the food brand rankings, according to a new report by independent brand valuation and strategy consultancy Brand Finance, however the growth of Chinese dairy company Yili has been impressive.
More than 160 jobs are at risk as Arla Foods UK plans a reorganization of its cheese business and warehouse network, with another 195 people affected in support functions, primarily at the cooperative’s Aarhus, Denmark headquarters.
The Arla Foods amba board of directors has appointed Jan Toft Nørgaard from Skærbæk, Denmark, to succeed Åke Hantoft as chairman of Arla Foods amba, when Hantoft steps down on July 2 after seven years in the role.
After posting impressive results for 2017, Arla Foods amba has come under fire in the UK from the NFU (National Farmers' Union) for dropping the price of milk for its farmers for the third straight month.
Danish dairy co-operative Arla Foods has released its 2016 financial results, which show a decline in revenue as a result of the global price environment, but due to moving more milk from bulk to brands, net profit grew 20.7% to €356m ($374m).