In 2020, consolidated sales of EUR 670 m generated by the Uelzena Group were lower than expected and could not build on the good turnover of the previous year. A 5 % growth in the raw milk delivered in the reporting year meant an additional raw material volume of 39 m kg. Raw milk accounted for a proportion of 687 m kg. A further increase over the previous year means that the processing volume is once again the highest in the company’s history.

At 31.57 ct/kg, Uelzena’s milk pay-out in 2020 fell short of the targets set by the company group. The pay-out value was also 2.22 ct/kg below that of the previous year. Combined with the increased operating costs for the milk-producing companies, this is a negative trend that the company is doing all it can to actively counteract in the current business year.