Companies

Ornua reports record sales of €3.4bn for 2022 after record year for global dairy prices

The dairy company, which owns the iconic Kerrygold, said 2022 was a ‘uniquely challenging’ year despite the record surge in global prices for dairy products such as butter and cheese

Ornua sold more than 11 million packets of Kerrygold-branded butter and cheese every week last year

Ornua, the Irish dairy co-op, saw its overall sales reach a record level last year thanks to a surge in dairy commodity prices such as butter and cheese.

Announcing full year results on Wednesday, Ornua said it generated group sales of more than €3.4 billion in 2022 – up almost 40 per cent year on year. The co-op, which is owned by Irish dairy farmers, said it sold more than 11 million packets of Kerrygold-branded ...