Arla Foods UK plc (ARU) 2020年年度报告「LSE」.pdf

1、CREATING VALUE IN A YEAR LIKE NO OTHERCONSOLIDATED ANNUAL REPORT2020TAbLE Of CONTENTSMANAGEMENT REViEw03 2020 Performance at a glance04 CEO and Chairman letters05 Message from the Chairman:A busy and challenging year06 Message from the CEO:Creating value in a year like no other07 Highlights10 Five y

2、ear overviewOUR STRATEGY12 Business model13 Good Growth 2020 strategy 16 Creatingefficiencieswith Calcium programme18 Embracing change:Major trends and strategic responses20 Dealing with Brexit21 Essential business priorities for 2020OUR bRANDS AND COMMERCiAL SEGMENTS23 Brands 25 Europe27 Internatio

3、nal29 Arla Foods Ingredients30 Global Industry SalesOUR RESPONSibiLiTY32 Sustainability strategy33 Environmental ambition34 Climate Checks on farms35 Facilitating better animal welfare36 International dairy developmentOUR GOVERNANCE38 Governance framework40 Diversity and inclusion42 Board of Directo

4、rs45 Executive Management Team47 Management remuneration48 Responsible and transparent tax practices49 Risk and compliance managementOUR PERfORMANCE REViEw56 Market overview57 Performance review61 Financial outlookOUR CONSOLiDATEDfiNANCiAL STATEMENTS63 Primaryfinancialstatements73 NotesOUR CONSOLiDA

5、TED ENViRONMENTAL,SOCiAL AND GOVERNANCE DATA120 Primary statements123 Notes135 Glossary137 Corporate calendarCREATE THE fUTURE Of DAiRY TO bRiNG HEALTH AND iNSPiRATiON TO THE wORLD,NATURALLY.ViSiON2020 PERfORMANCE AT A GLANCEfiNANCiAL PERfORMANCEQUALiTY Of bUSiNESSCLiMATE iMPACTCOST AND CASH130(mill

6、ion EUR)Leverage2.7Revenue10.6(billion EUR)Milk volume13.7(billion kg)Performance price36.9(EUR-cent/kg)Profitshare*3.2%(of revenue)Target 2020:10.4-10.8 billionTarget2020:45%Target2020:23%Target2020:2.8-3.2%Target 2020:75-100 million EURTarget 2020:2.8-3.410.63.2%1302.736.913.710.53.0%1102.836.613.