date:Aug 30, 2023
o secure group earnings, a competitive milk price and a half-year supplementary payment to our farmer owners of 1.0 euro-cent/kg milk based on the half-year volumes as planned, says Arla Foods CEO, Peder Tuborgh.
Brand performance
After years of extraordinarily high growth in branded volumes, growth rates were impacted by changing consumer patterns, notes the company.
Strategic branded volume growth landed at -6.0% in the first half of 2023 (adjusted for the impact from Arlas former Russian b