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Denmark/Sweden: Competitors gaining on Arla

Article Abstract:

Swedish/Danish dairy company Arla's turnover has decreased by SEK600mn(US$57mn) as a result of the falling Swedish crown for the fiscal 2000/2001. The company decided on a dividend of DKr690mn for the milk producing part owners and to use DKr0.5bn for consolidation. Arla's price for milk is 1.5% higher than the average of the European competitors but as the difference was 6.6% in 1999/2000 the company's lead is decreasing. Milk prices are at present the highest since 1991/92.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Sales, profits & dividends, Food & Kindred Products, Dairy Products, Dairy Product Manufacturing, Sweden, Statistical Data Included, Arla Foods Ingredients (Stockholm, Sweden)

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Denmark: State funds to promote healthy school meals

Article Abstract:

The Danish government has decided to earmark another DKr10mn (US$1.2mn) to measures that will secure healthy and tasty meals at school. The funds will be injected into the so-called Barnekostpulje that will distribute funds to schools and day-care centres that have good proposals as how healthy to promote health eating habits among children.

Publisher: A/S Forlaget Borsen
Publication Name: Boersen
Subject: Business, international
ISSN:
Year: 2001
Government expenditures, Dietetic Foods, Diet foods

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