Inflation, adverse exchange rates, and falling dairy commodity prices have put pressure on margins at European dairy co-operative Arla. Arla made a pre-tax profit of €123m (£105m) during the first six months of 2023, down by 46% on the same period last year. Net profit as a percentage of total revenue was down from 3% […]
The post Arla profits fall by 46% on year during first half of 2023 appeared first on Farmers Weekly
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