DKK 400 million cut in investments
Arla Foods’ Supervisory Board has approved an investment budget of DKK 1,256 billion for the coming year. This is approximately DKK 400 million below the previous two years’ levels.
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News (1119)
Prospect of a fall in co-operative members’ earnings
Arla Foods’ Supervisory Board has approved the Group’s 2004/05 budget with a milk price of 227 (Danish øre). The figure is 10 øre below the estimate for the recently closed 2003/04 financial year.
Two UK dairies close
The 2003 merger between Arla Foods’ UK subsidiary, Arla Foods plc and Express Dairies is expected to result in the second, and final, phase of rationalisations resulting in the closure of two dairies. The closures will now be discussed w
https://www.arla.com/company/news-and-press/2004/pressrelease/two-uk-dairies-close-760112/
German merger in the pipeline
Germany’s two largest dairy groups join forces.
https://www.arla.com/company/news-and-press/2004/pressrelease/german-merger-in-the-pipeline-760113/
Tough market conditions lead to lower milk prices
Declining volumes in the Danish and Swedish markets and lower world market prices are some of the reasons for Arla Foods failing to meet its forecast result.
17 withdrawals from October 1
Seven Danish conventional milk producers and 10 organic milk producers have decided to withdraw from Arla Foods from October 1. The 17 producers supply a total of 14 million kg milk to Arla Foods.
https://www.arla.com/company/news-and-press/2004/pressrelease/17-withdrawals-from-october-1-760162/
Staff safety in Saudi Arabia has top priority
“The safety of our staff and their families is a top priority for Arla Foods,” says Finn Hansen, Director of the Overseas Division in a comment on the security situation in Saudi Arabia.
German milk in Dansk Supermarked
According to Danish press reports the two Danish multiples, Føtex and Bilka, will begin to sell cheap German milk from July 1, Both chains are owned by the Dansk Supermarked Group.
Arla secures ASDA milk business
The Wal-Mart-owned UK multiple, ASDA, is to source all its milk from Arla Foods UK plc.
Topping out at Høgelund Mejeri
After six months’ construction work at Høgelund Dairy, the dairy last week celebrated the topping out ceremony for its 12,500 sq. m. large extension.
Rising cheese consumption "Down Under"
The forthcoming wedding between Denmark’s Crown Prince Frederik and the Australian Mary Donaldson is not the only proof of good relations between Denmark and Australia.
Bigum: Good result for 2002/03
Despite the falling milk price, Arla Foods’ Managing Director Jens Bigum regards the result for the 2002/03 financial year as good.
https://www.arla.com/company/news-and-press/2003/pressrelease/bigum-good-result-for-2002-03-760268/