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    Magnus Kagevik takes over as Group President and CEO of Lantmännen

    Magnus Kagevik, COO and Head of Lantmännen’s Energy Sector, succeeds Per Olof Nyman who is retiring.As has been previously communicated, Lantmännen’s current Group President and CEO, Per Olof Nyman, will be retiring during the spring of 2022, after ten years in the role and fourteen years with Lantmännen. The Board of Directors has appointed Magnus Kagevik, current COO and Head of Lantmännen’s Energy Sector, as Per Olof’s successor. Magnus will assume his new position on April 1. “It is gratifying to announce that Magnus Kagevik will take over after Per Olof Nyman, and it is especially

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    New record results for Lantmännen

    Lantmännen’s result, after net financial items and adjusted for items affecting comparability, amounts to 2 202 MSEK – the highest result ever, and a sharp increase compared to last year’s result of 2 041 MSEK.”Despite challenges in the market, for example in the form of the coronavirus pandemic and historically high prices for raw materials, energy and logistics, Lantmännen delivers the strongest result ever, and can once more propose the highest dividend ever to our members. We have a good position as a company, with a strong and broad business portfolio and a long-term stable strategy. I

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    Yara and Lantmännen sign first commercial agreement for fossil free fertilizers

    Yara and Lantmännen are the first companies to sign a commercial agreement to bring fossil free fertilizers to market. Produced with renewable energy, these green fertilizers are crucial for decarbonizing the food chain and offering consumers more sustainable food choices.Yara, a leading global fertilizer producer, and Lantmännen, northern Europe’s leading agricultural cooperative with operations from field to fork, began testing the commercial viability of green fertilizers in 2019 with a common goal to realize the world’s first fossil free food chain. The collaboration has resulted in a

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    Higher earnings and sales growth for Lantmännen

    Lantmännen’s result for the first eight months of 2021, after net financial items and adjusted for items affecting comparability, amounts to 1 358 MSEK – slightly higher than last year’s result of 1 320 MSEK for the same period.”The result for the first eight months is strong, despite continued impact from the coronavirus pandemic. The general demand in the markets is increasing as restrictions are lifted in more and more countries, and several of Lantmännen’s businesses are once again showing healthy growth,” says Per Olof Nyman, Lantmännen’s Group President and CEO. Accumulated net

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    Lantmännen expands in Finland

    Lantmännen has signed an agreement to acquire Finnish Myllyn Paras group (Myllyn Paras), a food company currently owned by Sponsor Capital. The acquisition is a key step in broadening Lantmännen’s offering in Finland. Together, Lantmännen’s and Myllyn Paras’ operations will cover the entire value chain for grain-based food products in Finland, enabling long-term innovation and a product offering from field to fork.Myllyn Paras is a Finnish food company with domestic grain at the core of its business. The group operates two factories in Hyvinkää: a mill with production of pasta, flour and

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    Continued stable development in Lantmännen

    Lantmännen’s result for the first four months of 2021, after net financial items and adjusted for items affecting comparability, amounts to 480 MSEK – a result on a par with last year’s result of 447 MSEK for the same period.”Lantmännen continues its stable development, despite continued impact from the coronavirus pandemic, and delivers a strong financial result for the first four-month period. All businesses have continued to do a very good job with adapting operations to the current conditions – for example through cost reductions, adaptations to production, and new business offerings,”

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    Lantmännen’s Group President and CEO Per Olof Nyman retiring in 2022

    Lantmännen’s Group President and CEO, Per Olof Nyman, has announced that he intends to finalize his operational career, and thereby leave his current position, during 2022. The decision follows a successful development of Lantmännen during his 12 years with the Group, the latest ten of which in his current position.“I have turned 65, so the decision to pass the torch to someone else feels natural now that I’ve reached retirement age. I will postpone my retirement somewhat and continue in my current position into 2022 – in part due to the pandemic and the process to find a successor.

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    Lantmännen members to receive SEK 902 million

    Despite the Covid-19 pandemic, Lantmännen delivered record earnings in 2020, which has enabled a record dividend of SEK 902 that will now be paid to its members, Swedish farmers. The dividend resolution was adopted by the Association Annual Meeting today.The dividend to members − that was voted through at the Lantmännen Annual Association Meeting − is the highest dividend in Lantmännen’s history, SEK 902 million in total. Since 2016, Lantmännen has paid around SEK 3 billion in dividends to its members. “Looking back on 2020, we can now see that it up until now was our most successful

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    Towards the 2021 harvest – spring sowing in full swing

    Swedish farmers are now initiating the intensive work coupled with spring sowing while continuing to adapt to the challenges and consequences of the Covid-19 crisis. Large autumn sowing, export restrictions and strong global demand are factors that will affect this year’s harvest. The prospects look good for a normal size harvest in Sweden, but as always, the actual harvest will ultimately depend on the weather.Robust Swedish food supplyLast year, the Government classified the food sector as essential to society, and a prosperous Swedish agriculture constitutes a basic condition for the

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    SLU and Lantmännen signs new agreement to strengthen Swedish farming and food production

    In a new agreement, SLU and Lantmännen have set a framework for future collaboration. The aim is to create better conditions for joint investments within research, education, recruitment and exchange of experiences and skills.“Through intensified collaboration, we hope to generate new knowledge and shorten the path to innovations. Through our collaboration, our students' contacts with business and the surrounding society are also stimulated. Moreover, their conditions for operating in a globalized labor market are strengthened”, says Maria Knutson Wedel, Rector of SLU. SLU has a long-

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    Lantmännen’s 2020 result is the highest ever

    Lantmännen’s result, after net financial items and adjusted for items affecting comparability, amounts to 2 041 MSEK – an increase of 164 MSEK compared to last year’s previous record result.”2020 has been an unusual and challenging year. Despite this, Lantmännen delivers its highest result ever, which underlines our strong position as a company. All our businesses have handled the year’s challenges in an excellent way and adapted operations to the changing conditions. The strong result also means that we, once again, can propose the highest dividend ever to our members,” says Per Olof Nyman,

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    Lantmännen delivers a strong result for the first eight months of 2019

    Lantmännen’s result for the first eight months, after financial items and adjusted for items affecting comparability, amounts to 1 090 MSEK – an improvement from last year’s result of 1 058 MSEK for the same period.“Despite last year’s drought continuing to impact our result, Lantmännen continues to develop positively, and virtually all businesses except the Agriculture Sector show results that are higher than or on a level with last year. Particularly good development is seen in Lantmännen Unibake within the Food Sector, and the Swecon Business Area – both of which show historically high

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    Strong result for Lantmännen in first four-month period

    Lantmännen’s result after net financial items for the first four months of 2019 amounts to 335 MSEK – an increase compared with last year’s result of 293 MSEK for the same period. The effects of last summer’s drought continue to impact several of Lantmännen’s operations.”The start of 2019 once again shows the strength and stability of Lantmännen’s broad business portfolio. Even if the agricultural operations have met challenges following the warm and dry summer, virtually all other businesses continue to develop positively,” says Per Olof Nyman, Lantmännen’s CEO and Group President. The

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    Lantmännen’s result in line with the previous year – future effects of the summer’s drought difficult to fully predict

    Lantmännen’s result for the first eight months of 2018, after net financial items and adjusted for items affecting comparability, amounts to 1 058 MSEK – compared to last year’s result of 1 112 MSEK.”Lantmännen as a whole continues to develop well, although the second four-month period has obviously been dominated by the dry and warm summer, which has had a major impact both on our own operations and on our owners’ farms. Comprehensive measures have been taken to handle the extreme weather; for example, Lantmännen has introduced an action package for our members, to mitigate the effects of

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    Stable development for Lantmännen in the first third of 2018

    Lantmännen’s result after net financial items for the first four-month period amounts to 293 MSEK, compared to last year’s result of 354 MSEK. The lower result is entirely due to a lower ethanol price.”The start of 2018 has seen a continuation of Lantmännen’s positive development in recent years. Earnings for the first four-month period have been negatively affected by a significantly lower ethanol price, but apart from this, our businesses continue to develop according to plan,” says Per Olof Nyman, Lantmännen’s CEO and Group President. The figures below refer to operating profit for

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    Lantmännen acquires cattle feed business from the Finnish company Raisio

    Lantmännen is acquiring the cattle feed business from the Finnish listed company Raisio Group. The acquisition is part of Lantmännen's growth strategy in the Baltic Sea region and strengthens Lantmännen's presence on the Finnish market by expanding our offer to farmers there.Lantmännen is acquiring Raisio's cattle feed business including two feed factories and sales of inputs for plant cultivation. Raisio's cattle feed business is a big player on the Finnish agricultural market, with a 35 percent market share of the Finnish cattle feed market and had sales (in 2017) of Euro 74 million.

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    Lantmännen presents yet another record full-year result – and proposes the highest dividend ever

    Lantmännen’s result for the full year of 2017, after net financial items and adjusted for items affecting comparability, amounts to 1 552 MSEK – a result on a par with last year’s previous record result of 1 548 MSEK. Due to the strong result, the Board of Directors has proposed the highest dividend in Lantmännen’s history for its members – a total dividend of 566 MSEK.”2017 has been another good year for Lantmännen, and it feels very good to be able to propose a historically high dividend for our members. The Group as a whole is developing positively, and the majority of our businesses are

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    Lantmännen joins The Supply Chain Initiative – an initiative for a better functioning food supply chain

    Lantmännen has joined The Supply Chain Initiative, an initiative that aims to maintain fair commercial relations in the food supply chain and that ultimately strengthens consumer interests. Lantmännen Cerealia and Lantmännen Unibake are subject for the membership.The Supply Chain Initiative was launched in 2013 as a result of discussions between the EU Commission and a number of large European organizations and companies from all parts of the food supply chain. Today more than 1,000 companies and organizations have joined and the initiative has three main pillars – consumer interests should

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