Lantmännen acquires Finnish agricultural operator K-Maatalous
Lantmännen acquires the Finnish agricultural company K-maatalous from listed Kesko Group. The purpose of the acquisition is to establish a greater presence in the grain value chain on the Finnish market and to develop in the Baltic Sea region, which is in line with Lantmännen's growth strategy.
Henrik Wahlberg and Ove Gustafsson proposed as new members of Lantmännen’s Board
Lantmännen’s election committee is today presenting its proposal for new Board of Directors.
Lantmännen Unibake acquires baguette bakery in Sweden
International bakery group Lantmännen Unibake announces the acquisition of Anderson Bakery, a baguette bakery in the Stockholm area.
Lantmännen reports record result for 2016 – and proposes record dividend
Lantmännen’s result for 2016, after net financial items and adjusted for items affecting comparability, is the highest result Lantmännen has ever delivered and amounts to 1 548 MSEK. Thanks to the strong result, the Board has decided on increased refund and final price adjustment for Lantmännen’s owners, Swedish farmers. The Board’s full dividend proposal is the highest in Lantmännen’s history.
Claes Johansson appointed Swedish Sustainability Manager of the Year
Lantmännen’s Head of Sustainability, Claes Johansson, has been appointed Sweden’s best Sustainability Manager 2016. The award was announced at the conference Social Responsibility Day on October 27.
Joachim Haas new Head of Lantmännen Real Estate
Joachim Haas will be new Head of Lantmännen Real Estate from January 1, 2017. Mikael Nicander has chosen to leave Lantmännen and the role of MD for Lantmännen Real Estate, in order to start his own company.
Elisabeth Ringdahl new Head of the Agriculture Sector
Elisabeth Ringdahl, CFO and Acting Head of the Agriculture Sector, takes on the role as Head of the Sector on a permanent basis.
Continued strong profit development in the first eight months of 2016
Lantmännen’s reported income after financial items up to and including the second third of 2016 amounts to 967 MSEK – compared to 908 MSEK for the same period the previous year. Items affecting comparability have impacted the year’s result with -54 MSEK. Adjusted for these items, Lantmännen’s result amounts to 1 021 MSEK (908 MSEK). All sectors are developing well, and the higher result is a continuation of the strong development since last year.
Lantmännen Unibake to acquire hamburgerbun business in Romania
International bakery group Lantmännen Unibake announces the acquisition of Romanian company Frozen Bakery Products SA, a hamburger bun bakery in Bucharest, Romania, today owned by GoodMills Group, Austria.
Lawnmowers, chainsaws and boats may soon run on sugar beet
In a few years’ time, sugar beet, grain or forest waste could be used as key raw components in the production of alkylate petrol for lawnmowers, boats, chainsaws and other light horticultural machinery. This is thanks to a new technology and a collaboration between Sweden’s Lantmännen Aspen and French-German company Global Bioenergies.
Environmental award for Lantmännen in Eslöv
Eslöv municipality and newspaper Skånska Dagbladet are awarding Lantmännen in Eslöv this year’s environmental award for the sustainable seed treatment method, ThermoSeed.
New function for public & regulatory affairs for Lantmännen Group
Lantmännen is establishing a function for public & regulatory affairs, with responsibility for the entire Group. Alarik Sandrup is appointed the Director, Public & Regulatory Affairs, Lantmännen Group.
Johan Andersson is leaving Lantmännen
Johan Andersson has decided to leave Lantmännen and his job as Head of the Agriculture Sector, to focus entirely on his own farm and agricultural business.
Continued strong result development in the first four months
Lantmännen’s result after net financial items for the first four months of 2016 amounts to 304 MSEK, compared to 238 MSEK for the same period last year. All sectors are developing well, and the higher result is a continuation of last year’s strong development. Lantmännen continues to create conditions for thriving Swedish agriculture.
Focus on oats during visit from Chinese delegation
In late April, Sweden and Lantmännen were visited by a Chinese delegation that was in the country to ensure Swedish control of food safety for oats from field to fork. The Swedish Food Agency and Agriculture Agency were the official hosts of the visit, since it is their control that was examined – while Lantmännen stood as a practical example of how the work in the chain from field to fork is carried out
Lantmännen – second place in the food industry in Sustainable Brand Index
Lantmännen came 2nd in the food category and 10th overall in the Sustainable Brand Index 2016. The results from the survey were presented at the beginning of April. This survey measures how consumers perceive the sustainability work of Nordic companies. The Group’s brands generally performed strongly in the Nordic Region, including Vaasan, which came 5th overall in Finland.
Lantmännen reports big improvement in earnings
Lantmännen reported a full year profit of MSEK 1,246 for 2015 after net financial items and adjusted for items affecting comparability; compared to MSEK 740 in 2014. All sectors reported increased profits compared to the previous year. The Agriculture and Energy Sectors in particular achieved significant improvements. The Board has decided to raise the refund and final price adjustment.
The European Commission continues its investigation of the ethanol industry
The European Commission has today announced that it intends to continue its investigation of the ethanol industry. The suspicions concern antitrust infringements within ethanol trading in the EU.
Thomas Magnusson elected President of agri-cooperatives organization Cogeca
Today Thomas Magnusson – who is member of Lantmännen’s Board of Directors – was elected President of Cogeca, a European organization for agricultural cooperatives. Copa Cogeca – where Copa is the Europan organization for farmers – plays a key role within public opinion and agri-politics in Europe.
Lantmännen joins The Supply Chain Initiative – an initiative for a better functioning food supply chain
Lantmännen has joined The Supply Chain Initiative, an initiative that aims to maintain fair commercial relations in the food supply chain and that ultimately strengthens consumer interests. Lantmännen Cerealia and Lantmännen Unibake are subject for the membership.
Lantmännen joins Earth Statement - an initiative supporting a global climate agreement
Lantmännen has joined Earth Statement, an initiative to support a global climate agreement at the 2015 UN Climate Change Conference in Paris. One of the initiators is Swedish renowned researcher Professor Johan Rockström as well as a large number of climate researchers from several universities in Europe, Asia and the US.
Lantmännen first with eco-friendly flour
Kungsörnen's new wheat flour from Lantmännen has been developed using a new and more sustainable method of cultivation that cuts its environmental impact by 20 percent. Sweden is the first country in the world to use this method for large-scale grain farming and in October, Kungsörnen will switch all its production to this more environment friendly flour. Ahead of COP 21, the UN Conference on Climate Change in Paris, Lantmännen now challenges more producers to switch to more climate friendly farming and wishes to share knowledge on how to reduce farming-related carbon dioxide emissions.
Lantmännen and AGCO strengthen cooperation in Scandinavia
Lantmännen, a leading agricultural cooperative in the Nordics, and AGCO, a U.S.-based leader in agricultural solutions, have signed an agreement to increase long-term cooperation in Scandinavia. Focus of the cooperation is improved customer care and stronger service along with a full-range of premium products.