Arla Foods Annual Report 2020
Management Review Our Strategy Our Brands and Commercial Segments Our Responsibility Our Governance
Our Performance Review
Our Consolidated Financial Statements Our Consolidated Environmental, Social and Governance Data
In a year like no other, defined by the Covid-19 pandemic,
Arla managed sales and operations in a robust way
and delivered solid results on our Key Performance
Indicators (KPIs). Despite the challenging market
environment and volatility in market prices and
currencies, Arla managed to improve the performance
price to 36.9 EUR-cent/kg in 2020, up from
36.6 EUR-cent/kg in 2019. In a rapidly changing
and volatile retail and foodservice environment,
Arla delivered strong branded volume driven revenue
growth of 7.7 per cent and a net profit of 3.2 per cent.
At the same time, our Calcium transformation
and efficiency programme contributed
EUR 130 million in savings, and our financial
leverage closed the year at a firm 2.7 level.
55 ARLA FOODS ANNUAL REPORT 2020
Torben Dahl Nyholm
Chief Financial OfficerView entire presentation