An Eventful Milk Market

摘要

For Valio, 2018 was variable. The global milk market supply exceeded demand, which reflected in the prices for both Finnish and export sales. Valio Group's turnover was €1,734m, a growth of 1.5% compared to the previous year. Net sales in Finland grew by half a percent, and net sales abroad grew by 3%. The situation on the global milk market, however,remained challenging. Supply exceeded demand, which reflected in the prices for both Finnish and export sales. It was a challenging year for Valio's owner-entrepreneurs: milk prices fell and the summer was record-setting hot and dry.