Hochwald sets course for sustainable development
(WorldNews Germany)

25.06.2019 Strategic aim of above-average dividends achieved Thalfang / Maria Laach, 25 June 2019 2018 saw Hochwald continue to implement the Hochwald 2020 Strategy. Initial successes were reflected in an above-average milk price of EUR 0.345/kg. Key milestones like the fixed-price model and the MilkPlus program were implemented. The cooperative dairy achieved a total of EUR 1.54 billion in sales revenue, with an export quota of 45.5% and an equity ratio of 33.4%. 2018 Fiscal Year Sales revenue rose by 0.7% to EUR 1,544.7 m in the year under review. Much like the previous year, 2018 was marked by considerable volatility. Differences in fat and protein utilisation was the primary reason. Protein...