Lakeland profits soar despite difficult environment

Lakeland Dairies has reported an 18 per cent increase in revenues and a 52 per cent increase in operating profit for 2011.

4th April, 2012
Lakeland profits soar despite difficult environment
A Lakeland dairies milk vehicle on its rounds.

Lakeland Dairies has reported an 18 per cent increase in revenues to €472 million for 2011.

Ireland’s second largest dairy processing co-operative said that operating profit rose 52 per cent to €6.85 million despite difficult global economic and trading conditions.

“It has been an excellent year for Lakeland Dairies where we are benefiting from our recent investments in advanced processing capabilities together with focussed and intensive business development activities,” said the chief executive of Lakeland Michael...

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