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 2020, we concluded our Good Growth 2020 strategy. With the strategy
we strengthened our competitiveness and our international presence,
and we structurally improved the quality of our business by shifting volumes
from private label and industry sales into our branded retail and food
ingredient business. Our Good Growth 2020 strategy was supplemented
by our transformation and efficiency programme, Calcium, launched in 2018
as well as our ambitious sustainability strategy launched in 2019.
During the strategic journey we have seen unprecedented external
impacts, such as the Brexit vote in 2016, volatility in raw material prices,
and most recently the Covid-19 pandemic in 2020.
In 2021, we will build on the successes and strengths of Good Growth 2020
our transformation and efficiency programme Calcium, our sustainability
strategy, as well as the trends and lessons from recent external events. By
the end of 2021, we will launch a new group strategy for the years to come.
13 ARLA FOODS ANNUAL REPORT 2020View entire presentation