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The UK liquid milk sector is experiencing an ongoing decline in value sales. Despite gradually increasing volumes, the price being paid for milk is dropping. As a consequence, milk producers find themselves struggling to turn a profit in the category. In part one of our Category Crunch, Katy Askew looks at the dynamics shaping the UK's liquid milk market.
The downward movement of liquid milk prices has placed margins in the category under mounting pressure. In part two of our Category Crunch, Katy Askew looks at how the country's three largest milk processors - Dairy Crest, Arla and Robert Wiseman - are responding to this challenge.
The spectre of the end of dairy quotas in the EU is prodding dairy processors across the continent to combine.
Milk Link said it will continue to unlock the “latent potential” of the business during the next year as the UK dairy co-operative looks to develop new products focused on health.
Arla Foods today (29 August) reported a doubling of earnings in its first-half, boosted by M&A. The company has taken a lead in the process of consolidation underway in the European dairy sector, with deals in the UK and Germany. Arla expects to continue to play an active part in European consolidation in the dairy sector as well as looking to M&A to drive growth in emerging markets, Michelle Russell discovered when she caught up with Arla CFO Frederik Lotz.
For all the positive publicity around dairy exports, the UK dairy sector is facing some significant challenges. The domestic market is dominated by low-value own label liquid milk sales, while underinvestment means that UK producers and manufacturers operate at a competitive disadvantage to their European peers. However, Arla Foods plans to tackle these issues head-on. Arla UK vice president of marketing Ash Amirahmadi spoke to just-food on the group's plans to ramp up investment in the UK, including the launch of a new liquid milk brand.
Dairy giant Arla Foods saw its earnings double in the first half of the year as deals including its merger with Milk Link helped boost profits.
Arla Foods has offloaded UK milk drinks operation Crediton Dairy to a group of executives who worked for the unit's previous owner, Milk Link.
Arla UK has raised the price it pays Arla Milk Link members thanks to an "improved business performance".
Arla Foods and UK supplier group Arla Foods Milk Partnership have entered into talks in a bid to define how AFMP members can join Arla's existing farmer-shareholders in ownership of the co-operative.
Acquisitions and growth in markets outside the EU have helped dairy giant Arla Foods report higher annual sales and profits.
The former CEO of Milk Link, Neil Kennedy, has said his decision to leave his role at new parent firm Arla Foods has nothing to do with the dairy giant's strategy for the recently-acquired business.
News that Arla Milk Link is cutting its farmgate milk price will come as a "bitter and unacceptable" blow to its farmer suppliers, the National Farmers Union has warned.
Arla Foods is to increase the price it pays to its Arla Milk Link farmer members by 1.33ppl from 3 December.
Arla Foods will sell the milk drinks business of Milk Link in order to satisfy competition authorities before merging with the UK dairy farmer cooperative.
Arla Foods is to start producing Anchor butter in the UK next month.
The UK dairy sector was in the spotlight this week, with the proposed merger between Arla Foods and local co-op Milk Link and the annual loss reported by Dairy Crest. just-food interviewed senior executives from Arla and Milk Link to discuss the combination and reported on Dairy Crest's plans to increase returns from its troubled dairies business. Elsewhere, we reported on two sustainability events held in London, including the annual conference on the Round Table for Responsible Soy. And, further afield, Heinz revealed it was looking for more acquisitions in emerging markets while US rival General Mills secured a deal to buy Brazilian firm Yoki Alimentos.
A raft of earnings results kept the just-food news desk busy this week. M&S chief executive Marc Bolland insisted its product development sets it apart from rival grocers, while Campbell Soup CEO Denise Morrison expressed her disappointment at the firm's US soup performance this year. Elsewhere, just-food spoke with Peter Lauritzen, CEO of Arla UK, and Neil Kennedy, chief executive of Milk Link, on the merits of their merger.
Arla Foods has announced plans to merge with UK dairy farmer co-operative Milk Link in a deal that would create the country's largest dairy group.
Dairy giant Arla Foods has announced a proposed merger with Germany's eighth largest dairy co-operative, Milch-Union Hocheifel (MUH).
Arla Foods revealed 250 jobs could be cut as it drives efficiency and tries to keep pace with its international competitors - and admitted more could be made. The race to buy frozen food giant Iglo Group also continued to make the headlines and this week Thai food manufacturer CP Foods was linked to the business. Meanwhile, in the US, Kellogg "refreshed" its 106-year-old namesake brand, although industry watchers suggested the cereal maker might have to do more to drive sales.
UK dairy co-op Milk Link has reported an increase in annual underlying pre-tax profits on the back of cost cuts and higher commodity prices, which boosted sales.
UK dairy co-op Milk Link plans to "upgrade" two production facilities to meet "growing demand" for its cheese.
UK dairy co-op Milk Link today (2 November) reported an increase in half-year sales and profits.
Milk Link has today (29 September) announced that it will invest GBP20m (US$31.3m) into its facility in Lockerbie, Scotland.
Tesco has increased the price it pays farmers for milk on sale in its UK stores.
UK dairy co-op Milk Link has created two business units in a revamp that its chief executive says will improve the company's performance.
Higher branded sales have helped drive a jump in annual profits at UK dairy co-operative First Milk.
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