Company Overview of Arla Foods amba
Arla Foods amba produces and sells dairy products worldwide. It offers milk, cream, yoghurt, cheese, butter and spreads, proteins, milk powders, and beverages; and cooking products comprising soups, sauces, cooking fats, salad and cooking ingredients, and fermented cooking products. The company sells its products primarily under the Arla, Lurpak, and Castello brands. Arla Foods amba was founded in 1881 and is headquartered in Viby J, Denmark.
Viby J, 8260
Founded in 1881
Key Executives for Arla Foods amba
Chief Executive Officer, Member of Executive Board, Director and Chairman of Corporate Responsibility Committee
Executive Vice President of Global Categories & Operations
Chief Executive Officer of Arla Foods Ingredients
Vice Chief Executive Officer, Member of Executive Board and Director
Compensation as of Fiscal Year 2014.
Arla Foods amba Key Developments
Gold Frost Ltd. Announces Extension of Exclusive Distribution Arrangement with Arla Foods amba
Apr 27 15
G. Willi-Food International Ltd. announced that the Company's wholly owned subsidiary Gold Frost Ltd. has entered into an Exclusive Distribution Agreement with Arla Foods amba, with a term of five years commencing from the expiration in June 2015 of the current distribution agreement between the parties. Under the Agreement, Arla granted Goldfrost an exclusive and non-transferable right to import, export, market and distribute cheese and butter products manufactured by Arla in Israel. Goldfrost's exclusivity is subject to its purchase of certain minimum quotas of Arla products. In addition, Arla has the right to terminate the Agreement under certain circumstances, including in the case of the death or permanent incapacity of Mr. Zwi Williger or his ceasing to be involved in Goldfrost's business. The Agreement includes more cheese and butter products under distribution exclusivity than under the Original Agreement.
Arla Foods amba Announces Earnings Results for the Year Ended December 31, 2014
Feb 18 15
Arla Foods amba announced earnings results for the year ended December 31, 2014. For the year, the company's revenue was EUR 10,614 million against EUR 9,870 million a year ago. Profit for the period was EUR 320 million against EUR 300 million a year ago. Profit attributable to the owners of the company was EUR 314 million against EUR 295 million a year ago. Cash flow from operating activities was EUR 467 million against EUR 342 million a year ago. Net interest-bearing debt was EUR 2,547 million. Net interest-bearing debt increased by EUR 150 million leading to a leverage of 3.7.
Arla Foods Integrates China and South East Asia into New Regional Market
Feb 10 15
Arla Foods announced that it has integrated its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1, 2015. The new Business Unit Asia management will be based in a regional office in Kuala Lumpur and will be setting the strategy for all retail and food service activities in Asia. The unit will cover the Chinese retail sales through the partnership with Mengniu Dairy China as well as the SEA market.
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