Valio reports improved sales for 2013

Valio Group net sales for 2013 stood at around €2,029 million. Comparable net sales increased by 2.6% on the previous year. All market profits generated by Valio are paid through the dairy co-operatives to Valio milk producers who numbered around 7,500 at the end of 2013. The milk return rose to €0.48 cents per litre in 2013 and was the highest ever recorded by Valio. The price paid for raw milk including after payment stood at €0.47.5 cents per litre, also a record high for the company..

In 2013, Valio paid Finnish milk producers a total of €907 million (45% of net sales), up €24 million on the previous year. The firm’s 15 production plants in Finland, milk collection, product distribution, and Valio Group milk producers, employ a total of some 30,000 people in Finland.

Around 37% of Valio’s net sales were generated from exports and by the subsidiaries. Valio’s share of Finland’s food exports rose to around 40% and the share of the country’s dairy product exports was nearly 95%.

Russia is Valio’s biggest export market and in 2013 Valio Russia’s net sales increased by around 11% to stand at €378 million. Russia also accounted for 49% of Valio’s exports in 2013.

The milk volume taken in by Valio from its owners amounted to 1,888 million litres.