DeLaval Group’s sales grew by 8.6 per cent, driven by the demand for sustainable and efficient dairy production
Source: The DairyNews
Tetra Laval Group, the parent company of DeLaval Group, has unveiled its annual report for 2023/2024, showcasing the company's commitment to advancing automated and digital solutions for sustainable dairy farming.
The report underscores key achievements and initiatives aimed at empowering farmers to achieve greater profitability and efficiency while prioritizing animal welfare and environmental sustainability.
Key Achievements:
Milestone Celebrations and Financial Success:
DeLaval commemorated 140 years in business alongside achieving its strongest financial performance to date. The company witnessed robust demand, resulting in record sales, profitability, and cash flow. Sales grew by 8.6%, driven by the increasing demand for sustainable dairy production solutions.
Innovation Focus:
DeLaval introduced several new products focused on promoting sustainability and animal welfare while investing significantly in research and development. Recent innovations include the DeLaval Rotary E500 milking system, OptiWagon autonomous feed distribution robot, OceanBlu™ teat disinfectant range, and DeLaval Plus Behaviour Analysis tool, leveraging artificial intelligence to enhance farm management.
Strategic Partnerships:
Collaboration with agricultural machinery giant John Deere led to the establishment of the Milk Sustainability Center, aimed at integrating field and herd data to enhance farm efficiency and sustainability. The first version of this digital ecosystem tool is set for release later in 2024.
Hamra Farm Expansion:
Expansion efforts at Hamra Farm in Tumba, Sweden, DeLaval's R&D facility, include the construction of new barns and herd size growth. This expansion underscores the company's commitment to driving innovation and sustainability in dairy farming.
Looking Ahead to 2024:
Paul Löfgren, President & CEO of DeLaval, acknowledges the challenges faced by farmers in 2023 but maintains optimism for the future. He emphasizes the company's dedication to delivering solutions that enhance profitability, efficiency, and sustainability while mitigating labor shortages. Löfgren reaffirms DeLaval's commitment to supporting successful farmers for generations to come through innovation and sustainable practices.
Earlier we wrote: DeLaval Group net sales in 2023 were 1.4 billion euro.
Key Achievements:
Milestone Celebrations and Financial Success:
DeLaval commemorated 140 years in business alongside achieving its strongest financial performance to date. The company witnessed robust demand, resulting in record sales, profitability, and cash flow. Sales grew by 8.6%, driven by the increasing demand for sustainable dairy production solutions.
Innovation Focus:
DeLaval introduced several new products focused on promoting sustainability and animal welfare while investing significantly in research and development. Recent innovations include the DeLaval Rotary E500 milking system, OptiWagon autonomous feed distribution robot, OceanBlu™ teat disinfectant range, and DeLaval Plus Behaviour Analysis tool, leveraging artificial intelligence to enhance farm management.
Strategic Partnerships:
Collaboration with agricultural machinery giant John Deere led to the establishment of the Milk Sustainability Center, aimed at integrating field and herd data to enhance farm efficiency and sustainability. The first version of this digital ecosystem tool is set for release later in 2024.
Hamra Farm Expansion:
Expansion efforts at Hamra Farm in Tumba, Sweden, DeLaval's R&D facility, include the construction of new barns and herd size growth. This expansion underscores the company's commitment to driving innovation and sustainability in dairy farming.
Looking Ahead to 2024:
Paul Löfgren, President & CEO of DeLaval, acknowledges the challenges faced by farmers in 2023 but maintains optimism for the future. He emphasizes the company's dedication to delivering solutions that enhance profitability, efficiency, and sustainability while mitigating labor shortages. Löfgren reaffirms DeLaval's commitment to supporting successful farmers for generations to come through innovation and sustainable practices.
Earlier we wrote: DeLaval Group net sales in 2023 were 1.4 billion euro.
