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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