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Arla posts H1 profits drop as milk crisis cancels out revenue growth
date:Sep 04, 2012
dealings in 2011.

For the full year, Arla expects to deliver total revenue of DKK 60bn ($10.1bn, 8bn) an increase of the DKK 55bn ($9.28bn, 7.38bn) recorded in 2011.

If its proposed mergers in the UK and Germany are approved, this figure is expected to increase to DKK 62bn ($10.5bn, 8.32bn).

Revenue growth

Despite the net profits drop, Arla has heralded the results as a milestone in its 2015 strategy, putting it well on track to deliver revenue of DKK 75bn ($12.65bn, 10bn) by 2015.

The hal

12/22 02:27