Tetra Laval’s newly released annual report 2023/2024 highlights DeLaval’s focus on innovation and sustainability

Tetra Laval Group, the parent company of DeLaval Group, has released its annual report for 2023/2024. The central theme of this year’s publication is mitigating climate change within the food and beverage industry. In the report, DeLaval emphasises how advanced automated and digital solutions are helping dairy farmers achieve more sustainable and profitable operations. The company’s key achievements from 2023 are also highlighted, some of which are detailed below. 

Key achievements 

  • A double celebration: 140 years of business and strong financial results 

In 2023, DeLaval celebrated significant milestones, marking 140 years in business and achieving its best financial results to date. The company sustained robust demand for its products and services, resulting in record sales, profitability, and cash flow. DeLaval Group’s sales grew by 8.6 per cent at comparable rates, driven by the escalating demand for sustainable and efficient dairy production.  

  • A focus on innovation 

During the year, DeLaval introduced several new products aimed at promoting sustainability and animal welfare, while also allocating more resources to research and development to drive innovation in sustainable solutions. Animal welfare is an essential part of the company’s sustainability strategy as the more milk produced per cow and the longer that cow remains productive, the lower the environmental impact of every kilogram of milk produced. 

Recent innovations to address these needs include the DeLaval Rotary E500 milking system, the OptiWagon autonomous feed distribution robot, the OceanBlu™ teat disinfectant range, and the DeLaval Plus Behaviour Analysis tool. The Behaviour Analysis tool, a new data sensor solution powered by artificial intelligence technology, enhances farm management by providing alerts for cow health events (such as sick cows or cows in heat) and enabling precise cow localisation. 

  • Partnerships  

Collaboration was a high on the agenda, with DeLaval partnering with renowned agricultural machinery company John Deere to establish the Milk Sustainability Center—a digital ecosystem tool that integrates field and herd data to assist farmers in enhancing the efficiency and sustainability of their operations, facilitating more informed decision making. A first version of the tool is set for release later in 2024. 

  • Hamra Farm expansion 

Expansion is taking place at Hamra Farm in Tumba, Sweden, DeLaval’s commercial farm and dedicated Research and Development (R&D) facility. Here the company actively engages in developing, testing, and showcasing their latest agricultural solutions. This significant expansion prioritises the construction of new barns and herd size growth. This expansion represents a strategic investment in the future of dairy farming, with sustainability and animal welfare at its core. 

Paul Löfgren, President & CEO of DeLaval.

Looking ahead: 2024 

In the report, Paul Löfgren, President & CEO of DeLaval, recognises the challenges encountered by farmers in 2023 such as the existing constraints on milk production and investments resulting from low farmer margins. Nevertheless, he maintains an optimistic outlook for the future, highlighting the anticipated gradual rise in global dairy demand in 2024. He also reaffirms the company’s dedication to delivering solutions aimed at bolstering profitability, efficiency, sustainability, and mitigating labour shortages—enabling farmers to do more with less: “By continuing to make sustainable food production possible through innovation in our products and services, we are well-positioned to support successful farmers for at least another 140 years.”