Arla Foods Reports Robust Growth and Record Payout to Farmers
Viby, Denmark, and Upahl, Germany – Arla Foods, Europe’s largest dairy cooperative, has announced significant financial growth and a record-breaking payout to its farmer-owners in 2024.
Financial Performance
- Revenue increased from €13.7 billion in 2023 to €13.8 billion in 2024.
- Profit grew from €380 million to €401 million.
Payout to Farmers
This financial success has paved the way for Arla to provide its farmers with the highest payout in the company’s history.
- The Board of Directors has proposed a payout of 2.2 cents per kilogram of milk delivered.
- This brings the average Arla price for conventional milk in Germany to 49.64 cents per kilogram, an increase of over three cents compared to 2023.
Operations in Germany
Germany is a key market for Arla Foods. The company operates two major milk processing plants in the country:
- Rheinland-Pfalz
- Upahl, Mecklenburg-Vorpommern
Arla ranks among the top five dairy companies in Germany.
Upahl Plant
The Upahl plant is a significant hub for Arla’s operations.
- Processes approximately 500 million kilograms of milk annually.
- Employs 430 people.
- Receives milk from around 330 local farmers.
Outlook
Arla Foods is well-positioned for continued success in the dairy industry. The company’s commitment to quality, innovation, and sustainability will drive its growth in the years to come.
Additional Highlights
- Arla Foods is headquartered in Viby, Denmark.
- The cooperative has operations in 11 countries.
- Arla’s product portfolio includes milk, cheese, butter, yogurt, and other dairy products.
- The company is known for its popular brands such as Arla, Lurpak, and Castello.
Conclusion
Arla Foods’ strong financial performance and record payout to farmers demonstrate the company’s resilience and commitment to its stakeholders. As a leader in the dairy industry, Arla Foods is poised to continue to deliver value to its customers, farmers, and employees.
