Good result for Cocio
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- 15 July 2004
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Cocio Chokolademælk A/S in which Arla Foods has a 50 % stake recorded a good result for 2003 with a 39% rise in operating profit to DKK 16.7 million.
During the year Cocio launched a range of new cocoa drinks in a trendy canned packaging while the classic Cocio was made available in a new low-fat version. Rising exports and more licensed and own label production also contributed to the higher turnover.
The positive trend is expected to continue in the current financial year, partly due to higher exports.
Arla Foods is an international dairy company owned by 9,700 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxembourg and the Netherlands. Arla Foods is one of the leading players in the international dairy arena with well-known brands like Arla®, Lurpak®, Puck® and Castello®. Arla Foods is focused on providing good dairy nourishment from sustainable farming and operations and is also the world's largest manufacturer of organic dairy products.