The turnover of the agricultural cooperative increased in 2024 to 68 billion kronor and the operating result adjusted for comparative items increased to almost 2.9 billion kronor.
The owners are now awaiting the second-highest dividend ever, 1,125 million kronor, compared to last year's 1,200 million kronor.
Many consumers are struggling at the same time to make their food budget stretch. Can they expect some price reductions?
It's not that we have increased earnings because food prices have risen in our business in Sweden. Raw materials and input goods are examples of things that largely control prices, says CEO and Group CEO Magnus Kagevik.
He also highlights the need for investments and efficiency measures ahead to increase domestic food production and preparedness in times of crisis or war.
Lantmännen is owned by 17,000 Swedish farmers and is an important player in food production, with brands such as Kungsörnen, Axa, Korvbrödsbagarn, and Scan. Lantmännen's portfolio also includes agricultural products, machinery, and bioenergy.
