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  05/03/2020 | Ingredients

Arla Foods reports global growth

The Arla Foods Group has announced what it describes as “strong global growth” for 2019, with a slight revenue increase in the UK, driven by continued growth in the company’s branded sales. Group revenue increased to EUR 10.5 bn (compared to EUR 10.4 bn in 2018 and EUR 10.3 bn in 2017) driven mainly by the global brand portfolio which achieved a branded sales volume increase of 5.1 %. Global revenues of the Arla brand grew to EUR 3,033 m compared to EUR 2,875 m in 2018, driven by a series of successful launches across its Lactofree and organic ranges, the introduction of new flexitarian options as well as the rapid growth of Skyr in core European markets.

CFO of Arla Foods Group, Natalie Knight, said: “Arla’s global brands continue to be at the heart of our business and in 2019, we have clearly strengthened consumer trust in our brands. We delivered a range of popular dairy products that capitalized on increasing consumer demand for healthy and sustainable food choices, which helped us exceed our expectations for branded growth and outgrow competitors in 2019”.

www.arla.com