Dairy

Tesco Hikes Price It Pays Milk Suppliers By A Fifth

Britain's biggest retailer Tesco will increase the price it pays for all its fresh milk by nearly 20% as suppliers battle unprecedented levels of on-farm i...

Lactalis Chairman To Add CEO Role In Shake-Up At French Dairy Giant

French family-owned dairy products group Lactalis has announced a new management set-up under which chairman Emmanuel Besnier will also head the company's...

Dairy Firms Arla And Valio Halt Operations In Russia

Dairy firms Arla Foods and Valio have joined the growing list of firms to halt operations in Russia, due to the ongoing conflict with Ukraine.

Danone Unveils Targets To Ramp Up Revenue Growth

Danone has pledged to step up investments behind its brands and actively rotate asset portfolio, as it seeks to accelerate revenue growth in a fresh strate...

Glanbia Reports Full-Year Revenue Growth 'Well Ahead' Of Expectations

Dairy firm Glanbia has said that its revenue growth, earnings and cash conversion for full-year 2021 was 'well ahead of original expectations', with the bu...

Danone Unveils Stronger-Than-Expected Fourth-Quarter Sales

Danone delivered stronger-than-expected sales growth in the last quarter of 2021 amid a challenging environment marked by mounting inflation, with CEO Anto...

FrieslandCampina Sees Revenue Up, Cites Inflation Challenges

Dairy giant FrieslandCampina has reported a 3.2% increase in revenue in its 2021 financial year, however CEO Hein Schumacher has cited inflation and price...

Arla Posts 5.6% Sales Growth In Full-Year 2021

Dairy cooperative Arla has reported 5.6% growth in sales, to €11.2 billion, in its financial year 2021, driven by higher sales prices and strategic br...