28 Aug 2024 — Arla Foods Group has raised its full-year revenue outlook to land between €13.4 billion and 13.9 billion (US$14.9 billion and US$15.5 billion) despite a sales decline in its first half-year results for 2024.
The outlook has been raised from the initial projection of between €13.2 billion and 13.7 billion (US$14.7 billion and US$15.2 billion). The performance price for the first six months of 2024 was €0.47 per kg (US$0.53 per kg), while the total Arla Group revenue ended at €6.6 billion (US$7.3 billion), down from €7.07 billion (US$7.8 billion) in the same period the previous year.