The Uelzena Group successfully concluded the 2024 financial year and consolidated its market position in a persistently challenging market environment. The company has been able to build on the positive trend of previous years with sales of approxi-mately €1.03 billion and a group net profit of €17.4 million. A good equity ratio of 37.9 % and the increased fixed assets of approximately €190 million also highlight the economic stability of the cooperatively organised Group.

Uelzena sent a particularly positive signal to its milk producers: The average milk pay-out was approx. 47.5 euro cents per kg raw milk with a standard content of 4.0 % fat and 3.4 % protein – a significant increase over the previous year. Although the sup-plied raw milk volume declined by about 5 % to 741 million kg, this was caused by the outbreak of bluetongue disease in the supply region. Nevertheless, the Group achieved strong growth, particularly for its milk fats and speciality products. For in-stance, sales of milk fats grew by more than €72 million to €348 million, speciality products gained about €10 million to reach €170 million and the cheese segment saw gains of €11 million, an increase of 9 %. This more than compensated for the de-clines in milk powder, condensed milk products and delicatessen products.