Dairy trader Farmel has recorded a significant increase in turnover in 2020. Again. It was mainly due to the sale of more milk powder and butter. The profit was slightly lower.
A total of almost €412 million in turnover was recorded last year. That is 15%, or just under €54 million, more than in 2019. The profit was lower than in 2019 and amounted to €4,4 million instead of €4,9 million.
What played a role in this was that on average lower prices were booked last year. The significantly larger volumes of butter and powder traded largely offset the effect of these lower prices.
Own farmers
In the regular milk trade, Farmel remained at a largely stable level last year, according to director-owner Jan Henry van der Linde. The company has approximately 250 farmers of its own, but has room for a number of additional suppliers. Farmel sells some of its raw farm milk to a range of smaller dairy processors and farm cheese makers. The company processes another part of the milk itself.
Farmel does not have its own installations, but rents production space. The company has had a cooperation agreement with the South Limburg Eijssen Foods for the production of cream for some time now. Farmel recently also became active in the cheese trade, a long-cherished wish.
Growth in Belgium
Calculated in terms of turnover, Farmel experienced a decline in the trade in raw milk in the Netherlands, but a strong increase in sales, especially in Belgium. There was a particularly strong increase in turnover for processed products in trade outside the Netherlands, but within the EU. There, sales increased from €104 million to almost €149 million.
In addition to dairy, Farmel is also active in fruit and vegetable exports to West Africa. Turnover increased by approximately €3 million to approximately €11,5 million.