Arla Foods Forecasts Revenue Growth Amidst Rising Dairy Prices

Denmark's Arla Foods, renowned for its Lurpak butter and Castello cheese, has reported a subtle increase in its 2024 revenue. The company expects a more significant rise this year, fueled by an upswing in dairy prices. 

Arla Foods, which is owned by 7,600 farmers in Denmark, Sweden, Germany, and the UK, remains optimistic about maintaining its robust position in the dairy industry, despite challenges. The persistence of high dairy price levels is forecasted to bolster revenue growth in the upcoming period.