Arla Foods has delivered first-half results ‘in line with expectations’, with net profit amounting to €158 million. However, Arla Foods saw a 1.5% year-on-year decline in branded-product sales volumes, as consumers responded to economic uncertainty and higher prices. Peder Tuborgh, CEO of Arla Foods, stated, “As we mark our 25th anniversary, Arla Foods’ ability to maintain a solid performance in a volatile market clearly demonstrates the strength of our cooperative model and the dedication of our farmer-owners and colleagues. ADVERTISEMENTThe cluster of the Netherlands, Belgium and France maintained a positive momentum, achieving 5.8% branded volume growth, Arla added. The international division saw revenue growth of 0.9%, to €1.2 billion, with marginal branded volume-driven revenue growth of 0.4%.