We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Farmer-Owned Dairy Co-op Posts Higher Revenue So Far In 2017

August 25, 2017: 12:00 AM EST
European dairy cooperative Arla reported a three percent rise in revenue in the first half of 2017, thanks to a long-awaited upturn in prices. The co-op expects to hit full-year targets for profit and a full-year revenue increase of nearly $1.2 billion. Global milk prices recovered in the first half of the year, after nearly three years of low prices. Arla said the higher prices were the result of lower or steady milk production compared to last year in dairy-producing markets, plus improved demand in Europe, the U.S., and emerging markets. Arla is owned by 11.200 farmers in Denmark, Sweden, the U.K., Germany, Belgium, Luxemburg and the Netherlands. [Image Credit: © Arla ]
"Half Year Results 2017: Higher Returns for Farmer Owners", Earnings release, Arla, August 25, 2017, © Arla Foods
Companies, Organizations
Earnings Release
Market News
Developed by Yuri Ingultsov Software Lab.