date:Feb 20, 2014
integrate new companies into Arla after mergers of the previous year in Germany and the UK. The reduced leverage improves our balance sheet and financial flexibility and gives us more leeway to make new potential investments to support our growth strategy and contribute to a higher milk price for our farmers, says Frederik Lotz.
Expectations for 2014
In 2014, Arla expects to reach a revenue of 79 billion DKK and a net profit of the targeted three per cent of the revenue, equal to 2.4 billion D