Buoyant dairy sector gives Connacht Gold a boost

Connacht Gold has reported a 16 per cent increase in turnover in 2011 on the back of a substantial increase in the value of dairy ingredients sales.

24th April, 2012
Buoyant dairy sector gives Connacht Gold a boost
Volumes of milk processed at the co-op’s dairy ingredients business increased by 20 per cent.

Connacht Gold has reported a 16 per cent increase in turnover in 2011 on the back of a substantial increase in the value of dairy ingredients sales.

Volumes of milk processed at the co-op’s dairy ingredients business increased by 20 per cent in 2011 and this, combined with stronger product prices, led to an almost 40 per cent increase in sales to €83.5 million.

Overall, turnover reached €345 million compared to €296 million in 2010. Operating profit for...

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