Annual Report 2016 available online
Arla has published its full annual report 2016, including all available financial figures and updates on Arla’s strategy, Good Growth 2020, as well as markets, strategic brands, cost saving programmes etc.
Arla’s Board of Representatives has approved the group’s annual report 2016 at its meeting in Halmstad, Sweden on March 1-2.
The report provides insight into how Arla ran its global business in 2016 and includes statements by Chairman Åke Hantoft and CEO Peder Tuborgh as well as an in-depth financial review by CFO Natalie Knight.
“Good Growth 2020 has truly guided our business in 2016 and we have already come far on our strategy journey. We are more focused than ever on brand and category development as well as geographies. We managed to mitigate the impact of the extremely volatile market in Europe, and in many regions we succeeded in building our market shares with our International business,” CEO Peder Tuborgh writes in his opening statement in the report.
You can find the Annual Report 2016 at www.arla.com/annualreports
Arla Foods is a global dairy company and co-operative owned by 12,000 dairy farmers with circa 2,700 of whom are British.
Dating back to 1881, Arla’s purpose is to secure the highest value for its farmers’ milk, while creating opportunities for their growth. With production facilities in 11 countries and sales offices in a further 30, Arla is the world’s fifth largest dairy company and largest supplier of organic dairy products. Arla has a total of more than 18,000 colleagues and its products are sold under the well-known brands Arla®, Lurpak® and Castello® in more than 100 countries.
Arla Foods UK is the largest dairy company in the country and is home to leading dairy brands Anchor®, Cravendale, and Lactofree® with a turnover of €2.2 billion. As well as being a leading supplier of fresh milk, number one in butter, spreads and cream, Arla is the UK’s largest cheese manufacturer. It has also built the world’s largest fresh milk facility located at Aylesbury and has plans for it to be the first zero carbon site of its kind. The UK business has a team of approximately 3,500 colleagues located at its dairies, distribution centres and head office.