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Arla sounds alarm over rise in costs due to rising feed costs - Vimarsana News

Arla sounds alarm over rise in costs due to rising feed costs

It comes as the dairy co-op reported strong results for 2020  Arla has warned the dairy supply chain will face increased costs in 2021 as tighter global cereals supplies start to impact on feed prices. Speaking last week as the dairy co-op reported strong results for 2020, Arla Foods UK’s finance director Simon Ho cited recent research by Kite Consulting, that suggested shortages could lead to a 6% increase in the cost of production. For British farmers that could amount to additional costs of £285m in 2020. “That volatility isn’t going to go away,” he told The Grocer. However, he...

Arla's total UK revenue increases to over £2 billion - Vimarsana News

Arla's total UK revenue increases to over £2 billion

Arla's total UK revenue increases to over £2 billion 11 February 2021 | Arla UK's total revenue increased from £1.95 billion to £2.12 billion last year Arla's total UK revenue increased to over £2 billion last year despite 50 percent of its products being impacted by the pandemic, results show. The dairy co-operative's UK total revenue increased from £1.95 billion to £2.12 billion in 2020. The growth came in both Arla’s branded business, at 13% strategic branded revenue growth and in its own label offering which grew 4% in volume driven revenue growth. The impressive financial result...