Arla Foods Consolidated Annual Report 2021 slide image

Arla Foods Consolidated Annual Report 2021

33 Arla Foods Consolidated Annual Report 2021 / Our brands and commercial segments / International INTERNATIONAL In 2021, our international zone delivered solid branded volume growth of 9.1 per cent despite the disruption of the Covid-19 pandemic and inflation pushing up prices towards the end of the year. Growth came from all six regions and was very balanced. We also managed to gain market share in key positions. As an important milestone for the zone, the production of processed cheese and milk based beverages, creams and sauces was consolidated at our Bahrain and Riyadh sites from sites across Denmark. Our International business unit Our International commercial zone encompasses around 140 countries on five continents, and represents 19 per cent of the total Arla revenue. In general, these are the regions where we experience the steepest volume growth. Our key brands in the zone include PuckⓇ, Arla® Dano, LurpakⓇ, CastelloⓇ and StarbucksTM Op Key drivers of performance in 2021 In 2021, despite the constantly changing circumstances due to shifting Covid-19 restrictions across our markets, we increased market shares in key positions in our International zone. PuckⓇ gained market share in the Middle East, and Arla® Dano did so in Bangladesh and Nigeria. All of our global brands contributed to the strong volume growth of 9.1 per cent, on top of the very high 2020 baseline (12 per cent): Starbucks™ with 34 per cent, Arla® with 12 per cent, CastelloⓇ with 9 per cent, and PuckⓇ with 3 per cent. However, the weak USD and the rising inflation throughout the year put pressure on our margins in all regions. A key achievement in 2021 was consolidating production from several sites into our site in Bahrain and Riyadh for improved efficiency and speed to market. Puck Focus points for 2022 بوك Original الأصلية Strategic branded volume driven revenue growth In 2022 we are going to focus on recovering price inflation, growing our key brands and building international infrastructure to execute our new strategy, Future26. As a part of infrastructure development, we are establishing an Arla farm in Nigeria to contribute to the ambition of producing more milk in the country. 9.1% 2020: 11.6% Revenue, EURM 2,101 2020: 1,975 Share of total Arla revenue 19% 2020: 19% Brand share 86.6% 2020: 86.3% Click here for more information about the performance in particular countries and regions. 기 Contents |||
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