Arla Foods has reported solid financial results despite recognizing a volatile marketplace dominated by inflation. In 2022, revenue increased by 23.2 % to EUR 13.8 bn compared to EUR 11.2 bn in 2021. According to the company, the growth was driven almost exclusively by increased prices, which were influenced by an increase in commodity and retail prices resulting from “stagnating supply and steady demand.”

Some notable rises include Arla’s average prepaid milk price increasing by 40.5 %, from 0.37 EUR/kg in 2021 to 0.52 EUR/kg in 2022. Also, its performance price, which measures the value Arla adds to each kilo of its owners’ milk, is 0.551 EUR/kg, a 38.8 % increase compared to 2021.