Omira reports decent 2016 results
The generally low milk product prices and the low prices of fats due to high EU intervention purchases in the first half of 2016 hit German dairy Omira hard, it says. But in spite of these conditions the dairy had sales last year of around €420 million (2015: €460 million) and a positive annual result of around €1 million.
The producers were paid €0.277/kg of milk in 2016. Approximately 30% of the Omira milk producers were able to profit from a fixed-price contract, which could significantly cushion the difficult market situation.
“The disastrous market development of the last year underlined to us that we need consistently to pursue the path of the Omira 2020plus strategy as of autumn 2015,” CEO Ralph Wonnemann (pictured) says.
Some successes were recorded in 2016 for the dairy. The Omiramilch brand was completely re-arranged and established as a regional brand.
The KUH concept, developed in cooperation with the Weihenstephan-Triesdorf University of Applied Sciences and the agricultural advisory board, set new standards for sustainability. The partnership with the Mondelez food group has also been extended until the end of 2020.
