Half-year profits were £9.1m below budget at £21.6m.
The firm, which owns the Cravendale milk and Lurpak butter brands, was hit by a boycott of its products in the Middle East from February when a Danish newspaper published controversial cartoons of the Prophet Mohammad.
Arla admits that consumers in Saudi Arabia, which provides around two thirds of the firm's income, are still boycotting its products. However, it says sales have now returned to pre-boycott levels in most other Gulf states.
The firm, which owns the Cravendale milk and Lurpak butter brands, was hit by a boycott of its products in the Middle East from February when a Danish newspaper published controversial cartoons of the Prophet Mohammad.
Arla admits that consumers in Saudi Arabia, which provides around two thirds of the firm's income, are still boycotting its products. However, it says sales have now returned to pre-boycott levels in most other Gulf states.
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