date:Aug 30, 2023
dservice.
Branded revenue grew by 6.9%, driven by Lurpak with 7.2% and the Arla brand with 3.6%.
The cooperative was able to soften the negative impact of the market dynamics and deliver a performance price of 49.7 Eur-cent/kg milk, enabling a half-year supplementary payment to farmer owners of 1 Euro-cent/kg milk based on the half-year volumes as planned.
Milk price affected by declining dairy commodities
Driven by changes in commodity prices, Arlas milk price dropped from its all-time hig