FDBusiness.com

Lantmännen, the Nordic Region´s leader in agriculture, machinery, bioenergy and food products, continues to contribute to the positive development of Swedish agriculture and is paying SEK566 million (€54.9 million) in dividends to its owners, Swedish farmers. 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 (pictured), Group President and CEO of Lantmännen.