Frieslandcampina Profits Rise But Pressures Flagged For Back Half

FrieslandCampina firm signage. Credit: PixelBiss/Shutterstock

FrieslandCampina has warned nan dairy giant’s profits are expected to travel nether unit successful nan backmost half of nan twelvemonth owed to outer factors.

After notching up a 6.4% summation successful gross to €6.8bn ($7.9bn) successful nan first six months of 2025 and taking nett profit up by 25.7% to €230m, nan Netherlands-headquartered dairy cooperative flagged a raft of “headwinds”.

“Consumer assurance is debased worldwide, which will effect volumes. Currency developments are expected to person a antagonistic effect, and commodity dairy markets are becoming little favourable. These factors will lead to a little profitability,” FrieslandCampina said successful a statement.

An offsetting facet is nan co-op’s soul savings programme, which is “on way to present astatine nan precocious end” of an yearly scope of €400-500m, nan company, which entered a merger agreement pinch Belgium adjacent Milcobel precocious past year, added.

FrieslandCampina said first-half volumes were “lower” than nan corresponding play of 2024 pinch nan gross summation supported by “higher trading prices” linked to ostentation and elevated beverage prices.

Meanwhile, operating profit roseate 20.6% to €363m owed to “strong performances successful its Specialised Nutrition and Ingredients divisions.

“FrieslandCampina delivered beardown results successful nan first half of 2025. The balanced dispersed of our business crossed markets, products, and channels demonstrates to beryllium its value,” CEO Jan Derck van Karnebeek said.

“The ongoing economical uncertainty is expected to put unit connected profit successful nan 2nd half of 2025, resulting successful a little outcome. We proceed to build connected a early successful which we create worth for our members, consumers and customers, while astatine nan aforesaid clip contributing to a much sustainable world.”

FrieslandCampina has yet to supply an update connected nan merger proceedings pinch Milcobel announced successful December, erstwhile nan 2 parties said a patient connection would look successful nan first half of this year. Any deal, however, will still require support from nan applicable title authorities.

Just Food has asked FrieslandCampina for an update connected proceedings.

The cooperatives said astatine nan clip that a business operation would consequence successful pro-forma revenues of much than €14bn, pinch operations successful 30 countries employing almost 22,000 unit and processing capabilities of astir 10 cardinal kilograms of milk.

Meanwhile, FrieslandCampina said successful its results connection that beverage proviso from its husbandman members fell 1.6% successful nan first half from a twelvemonth earlier to 4.6bn kilograms.

“This was chiefly owed to workplace closures resulting from an ageing organization of farmers and ongoing uncertainty successful nan sector. In nan first half of 2025, caller members were successfully recruited who will make a important publication to nan beverage supply,” nan co-op explained.

The guaranteed value of beverage paid to farmers accrued 19.6% to €55.63 per 100 kilograms.