food Average Irish grocery bills surged by almost €1,000 over the last yearInflation in the sector has hit record levels
Companies Double-digit food price inflation on the way, industry chief warnsHead of dairy giant Ornua says all food prices will continue to rise, due to soaring costs and supply chain disruption
Companies Kerrygold sales surge in the US after ‘punitive’ 25% tariff on EU butter is suspendedOrnua, the Irish dairy co-op behind the Kerrygold brand, saw its sales volumes soar 12 per cent in the US market last year
Company Watch: Ornua weathered 25% Trump tariff through lockdown baking craze Despite a tariff which put premium brand Kerrygold at twice the price of its competitors in the US, overall sales jumped by 13 per cent in 2020
Ornua records 50% increase in profits despite US tariffs on Irish butterConsumer demand for butter soared after home baking emerged as a trend of 2020
€700m Kerry dairy deal ‘fell through over funding concerns’ Kerry Co-op boss said its offer for Kerry Group’s dairy business was rejected for being too low