Friday August 7, 2020

Ornua reports 18% rise in 2015 earnings

Sales of Kerrygold butter reached a record €740 million

20th April, 2016
Kerrygold is now the Number Three branded butter in the US

Ornua, the former Irish Dairy Board, has reported an 18 per cent rise in 2015 earnings to €58.8 million as revenue rose by nine per cent to €2.5 billion in the first year following the removal of EU milk quotas.

Sales of its flagship Kerrygold butter reached a record €740 million as it became the top butter brand in Germany and the Number Three branded butter in the US.

"We are confident that, whilst recognising the challenging...

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