€307m Arla boost as EU drought impact revealed

The tough financial situation on EU farms due to drought has led the Arla dairy co-op’s board to propose paying out its entire 2018 net profit to its 11,200 dairy farmer members in the UK, Denmark, Sweden, Germany, Belgium, Luxembourg and the Netherlands.

€307m Arla boost as EU drought impact revealed
Thu, 06 Sep, 2018 - 13:29

By Stephen Cadogan

The tough financial situation on EU farms due to drought has led the Arla dairy co-op’s board to propose paying out its entire 2018 net profit to its 11,200 dairy farmer members in the UK, Denmark, Sweden, Germany, Belgium, Luxembourg and the Netherlands.

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