A stable energy and raw materials market has contributed to a strong financial performance for Lactosan in 2024.

Lactosan, a company that produces cheese powder for the food industry, has reported increased revenue and higher earnings in 2024 compared to 2023, according to the news outlet Fødevarewatch.

• Raw material and energy prices stabilized further in 2024 compared to 2023, which improved costs and had a positive impact on revenue. The combination led to increased margins and earnings in 2024 compared to expectations, the company’s management writes in the financial report.

Revenue rose by DKK 23.9 million, from DKK 762.8 million in 2023 to DKK 786.7 million in 2024. Net profit grew by nearly DKK 43 million, ending at DKK 131.9 million for 2024.

Expectations for 2025 remain highly dependent on global geopolitical developments.

• Geopolitical tensions and uncertainty following the new administration in the U.S. raise concerns, particularly regarding energy prices and trade restrictions, which could negatively affect raw material prices, the management notes.

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Photo: Lactosan