Companies
Turnover and profits decline at Tirlán amid ‘difficult’ period for farmers
Over 422,000 tonnes of dairy ingredients were sold to markets worldwide
Turnover at Tirlán fell 17 per cent last year to €2.53 billion, according to the latest results from the company. The co-operative said the fall from record highs came as a result of a decline in global dairy markets.
Operating profits were €68.3 million, a reduction of 5 per cent year-on-year, due to a number of factors including inflationary pressures and the commitment of the organisation to supporting farmers through a “difficult” period, the company ...