Farming
Dairygold reports double-digit sales and profit growth after record year for dairy prices
The Cork-based farmer co-op recorded double-digit sales and profit growth last year on the back of record international prices for dairy commodities
Dairygold, the Cork-based dairy processor, recorded double-digit sales and profit growth in 2022 after an “unprecedented” and “extraordinary” year for dairy market prices.
Announcing full year results on Wednesday, the farmer-owned co-op said it achieved record sales for 2022 as international dairy commodity prices soared to all-time highs throughout the year.
Dairygold posted an operating profit of just over €40.1 million for its 2022 financial year, which was up 32 per cent on the previous ...