44 pages, Aug 2015
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Arla has increased its capacity in dairy in recent years, with acquisitions and joint ventures in the UK, Germany, Egypt, China and Australia. Additionally, increased supply of drinking milk post 2015, when the EU quota system is abandoned, means surplus production needs to find new overseas growth markets. China and Russia have been the target for recent investment. Arla’s core Scandinavian markets remain sluggish, slowing down overall growth.
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