Record dividend for Lantmännen members
Lantmännen continues to contribute to the positive development of Swedish agriculture and is paying SEK 566 million in dividends to its owners, Swedish farmers. The dividend was resolved at the association annual meeting on 7 May in Stockholm. The dividend, a record amount, is thanks to Lantmännen’s positive growth in recent years.
“It pays to be a member of Lantmännen. Our owners, 25,000 Swedish farmers, will share a dividend that beats last year's record level. After 12 months as chair of the board, I can confirm that the Lantmännen model, a profitable and sustainable cooperative, is a winning concept. I am proud that Lantmännen, together with Swedish farmers, is contributing to make farming thrive and to a sustainable food chain,” says Per Lindahl, Chair of the Lantmännen Board.
The record dividend has been enabled by the profit Lantmännen delivered in 2017 and shows that the group is continuing to develop in a positive direction and in line with Lantmännen strategies. Lantmännen has advanced over the past decade and is now one of the largest farming cooperatives in Europe and one of the world's most modern and sustainable farming, food and bioenergy enterprises.
“The dividend is proof that Lantmännen is continuing to develop in a positive direction and that we are able to successfully generate profitable and sustainable growth year after year. We are now looking forward to yet another year of opportunities and challenges, where Lantmännen will continue to develop in Sweden and the Baltic Sea region, to become an ever stronger global enterprise for agriculture, food and bioenergy in the future,” says Per Olof Nyman, Group President and CEO Lantmännen.
The annual meeting resolution to pay a dividend of SEK 566 million to Lantmännen's owners is in accordance with the board proposal and the dividend will be paid on 18 May this year.
Photographs are available at: https://lantmannen.com/press-och-nyheter/bildbanken/
For more information, please contact:
Per Lindahl, Chair of the Lantmännen Board
Tel: +46 705 25 64 54
Per Olof Nyman, Group President and CEO
Tel: +46 706 57 42 47
Anna Carlström, Head of Owner Relations
Tel: +46 706 99 11 35
Lantmännen Press Office
Tel: +46 10 556 88 00
Lantmännen is an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy and food products. Owned by 25,000 Swedish farmers, we have 10,000 employees, operations in over 20 countries and an annual turnover of EUR 4 billion (SEK 40 billion). With grain at the heart of our operations, we refine arable land resources to make farming thrive. Some of our best-known food brands are AXA, Bonjour, Kungsörnen, GoGreen, Gooh, FINN CRISP, Schulstad and Vaasan. Our company is founded on the knowledge and values acquired through generations of farmers. With research, development and operations throughout the value chain, together we take responsibility from field to fork. For more information: lantmannen.com/en.