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Business model
Our cooperative
Strong performance amid global market dynamics
Arla delivered a strong performance in a year impacted by strong market forces. Tight supply and firm demand kept commodity prices elevated in the first half of the year. However, prices fell significantly in the second half, particularly in the fourth quarter, following an unanticipated increase in milk availability globally, including Europe. This broader shift in market conditions had a direct effect on our performance. In the wider context, dairy demand remained strong and we achieved strong results across markets and channels.
Creating value in a shifting market
Overall, our performance price increased by 10.8% to 56.4 EUR-cent/kg (2024: 50.9 EUR-cent/kg), reflecting the higher value created from our owners’ milk through strong market and brand positions as well as profitable growth in the protein and sports nutrition segment. However, the rise in milk availability put pressure on global commodity prices and this fed through to our pre-paid milk price, contributing to a lower performance price for the second half of the year.
