sweets processing 9-10/2019

 
 
 
 
 
 
 
 
 
 
 
 

ZDS

 
 
 
 
 

Uelzena Group with major investment projects


Record highs for milk deliveries and large investment projects shaped the Uelzena Group in 2018. The quantity of milk received in 2018 reached a new record high of about 626 m kg. Growth in raw milk alone was around 12 %. The delivery volumes rose because the new regional milk producers were accepted as raw milk suppliers. The Uelzena Group sales amounted to about EUR 648 m while not quite matching the above-average revenue situation of the previous year.

Major investments were made as part of the company’s modernization and expansion programme. This resulted in an increased balance sheet total of about EUR 210 m for 2018, compared to approximately EUR 175 m in 2017. Despite a strong increase in balance sheet total, the equity ratio reached a very good level of 37 %. The annual surplus amounted to almost EUR 9 m. Staff increased by 4 % to a total of 745.

 

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