Arla Foods UK plc (ARU) 2019年年度报告「LSE」.pdf

1、CONSOLIDATED ANNUAL REPORT2019LEADING THROUGH SUSTAINABLE BUSINESS PERFORMANCECREATE THE FUTURE OF DAiRy TO BRiNG HEALTH AND iNSPiRATiON TO THE wORLD,NATURALLy.OUR viSiONTABLE OF CONTENTSManagement Review03 2019 Performance at a glance04 Message from the Chairman of the Board of Directors and the Ch

2、ief Executive Officer07 Highlights09 Five year overview10 Essential business priorities for 2019Our Strategy12 Who we are13 Our business model14 Our strategy to 2020 and beyond15 Embracing change17 Embracing change from within Calcium19 Essential business priorities for 2020Our Brands and Commercial

3、 Segments21 Our brands 23 Europe25 International27 Arla Foods Ingredients28 TradingOur Responsibility30 Our sustainability strategy31 Our environmental ambition32 Sustainable dairy farming33 Inspiring sustainable dietsOur Governance35 Governance framework37 Diversity and inclusion39 Our Board of Dir

4、ectors42 Our Executive Management Team44 Management remuneration45 Our tax affairs46 Risk and compliance50 Preparation for Brexit Our Performance Review53 Market overview55 Financial performance61 Financial outlookOur ConsolidatedFinancial Statements65 Primary financial statements73 NotesOur Consoli

5、dated Environmental,Social and Governance Data121 Primary statements123 Notes134 Glossary136 Corporate calendar2019 PERFORMANCE AT A GLANCEFiNANCiAL PERFORMANCEQUALiTy OF BUSiNESSCOST AND CASHCLiMATE iMPACTRevenue10.5(BILLION EUR)Strategic branded volume revenue growth5.1%Target 2019:10.2-10.6 billi

6、onTarget 2019:1.5-3.5%Target 2019:46%Target 2019:20%Performance price36.6(EUR-CENT/KG)Brand share46.7%Milk volume13.7(BILLION KG)International share*21.9%Profit share*3.0%(OF REVENUE)Target 2019:2.8-3.2%10.55.1%46.7%13.721.9%3.0%10.43.1%45.2%13.919.6%2.8%10.33.0%36.636.438.144.6%13.920.2%2.8%Target