Arla will pay its former members its entire 2018 net profit of 290 million Euros/£257 million.
Posted on: 01/03/19
This will amount to an additional 2.3 euro cents per kg/milk or 2.07ppl for its 11,200 European members on all milk delivered.
UK wise Arlas revenue from retail and Food service was up 3.3% to break the £2 billion barrier (2017 £1.9 4 billion).
Without doubt when you sift through all of the numbers it's Arlas huge basket of branded products on offer to the UK consumers which are driving these results. Arla branded product sales grew 8.6% and have an average annual growth for the last 5 years of 8.8%.
The total member pay out is £245 million of which 2,500 UK members will receive £64 million this month.