2010 has been a year of expansion for Arla Foods following a period of restructuring and cost reduction in 2009. The Scandinavian dairy co-operative increased turnover by 6% to DKr49.03b
Tag "profit target"
With Arla Foods maintaining its profit projections for 2010 of DKr1.2b, the Scandinavian dairy co-operative has decided to increase the milk price to members for the fifth time this year.
Increased prices in the global market, rising foreign exchange rates as well as strict control of costs have allowed Scandinavian dairy group Arla Foods to post a hugely increased profit