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Arla issues caution on milk prices as it reports 'as expected' mid-year results

UK net revenue grew by 9%, the equivalent of 拢108m for the first six months of the year despite geopolitical uncertainty and higher dairy commodity prices

clock 鈥� 2 min read
Bas Padberg, managing director of Arla Foods in the UK, said: 鈥淲e knew going into the first half of this year that market conditions would be more difficult to navigate and therefore have an impact on our business
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Bas Padberg, managing director of Arla Foods in the UK, said: 鈥淲e knew going into the first half of this year that market conditions would be more difficult to navigate and therefore have an impact on our business

Arla has warned farmers could face a 鈥榮hort-term downgrade' in milk prices as global volatility continues to affect commodity markets. Issuing its mid-year results, the dairy co-operative said the figures...

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