Dairygold delivers a satisfactory financial performance
Dairygold today announced financial results for 2018 with annual turnover rising by €27.4 million to a record €992.9 million (2017: €965.5 million).
The extreme weather conditions experienced in 2018 had a severe impact at farm level. As a Co-Operative, Dairygold responded by supporting milk and grain prices and introducing a range of farmer supports for farmers. Dairygold supported farm gate milk prices by in excess of €15 million above market returns, while delivering an operating profit of €28.9 million, a reduction of €3.5 million on the 2017 performance.Read More
Dairygold supplies premium cheeses and dairy nutritionals made from milk whey and casein to the global marketplace, including infant formulae and protein powders.
Dairygold operates a premium agri-business for all our farmer customers. Our business, one of Ireland’s leading agri traders, is based in the Golden Valleys of Munster.