Norrmejerier presents a positive annual result

Norrmejerier annual report was revealed yesterday, the 8th of March. It showed a positive result, despite reduced sales. After financial items, the result landed at SEK 63 million.

– A turbulent year in which the Corona pandemic has affected our operations and tested the organization’s ability to adapt to new conditions, Anders Fredriksson, Norrmejerier’s CEO, sums up the year 2020 in a press release.

– Our business has a great habit of adjusting and being flexible, but this year has been exceptional from that point of view. I therefore want to give a big compliment to all our employees who have contributed to Norrmejerier being able to leave 2020 with a strong balance sheet and strong finances, he adds.

Among the positive elements in the annual report is, that the dairy has received about two million kilos of more milk than in 2019. A fact that pleases the chairman of the board, Ulla Bergström:

– We see that investments are being made on the farms and that new generations want to take over and it feels good. But the payment for the milk raw material needs to be strengthened in the future, it is a prerequisite for continued sustainable milk production in Norrland, she states.

The board proposes that 36 million of the profit for 2020 be distributed to the dairy farmers, which gives an average of 17 öre per kilo of milk. The general meeting will be held on the 5th of May.


Facts on Norrmejerier 2020 (figures in the parentheses refer to 2019)

Profit after financial items: SEK 63 million (SEK -0.260 million)

Turnover: SEK 2,023 million (SEK 2,075 million)

Milk Weight: 207 million kg (205 million kg)

Number of active dairy farmers in December 2020: 330 (354)

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