Consumer Products

Dairy Ireland

Dairy Ireland is comprised of two businesses. Consumer Products is the leading supplier of branded consumer dairy products to the Irish market and long-life products for export. Agribusiness supplies inputs to the Irish agriculture sector and is the leading purchaser and processor of grain and the leading manufacturer of branded animal feed in Ireland.

Where you will find our products

Our consumer product portfolio extends across a range of dairy products, including standard and fortified milks, cheese, butter and cream, and a range of chilled soups. We also produce long-life liquid milk and cream for export to markets such as China, Europe and the Middle East. Agribusiness has a network of over 50 retail stores focused on the Irish Agri Sector. 

2016 Performance

Dairy Ireland delivered a satisfactory performance in 2016 growing EBITA by 6.6% on prior year to €30.7 million. This was driven by margin expansion of 50 basis points on revenue which declined by 2.7% yearon‐ year. The revenue decline was driven by a price decrease of 5.1% offset somewhat by a volume increase of 2.1% and a small contribution from an acquisition of 0.3%. Consumer Foods Ireland delivered a good performance in the year growing value‐added milk sales, further reducing costs as well as developing exports of branded long‐life dairy products. This more than offset a decline in volume resulting from the loss of a private label contract during the year. Agribusiness delivered a performance in line with expectations growing volumes of feed and fertiliser. However this was offset by price declines associated with raw material price decreases.

 

Our Business Dairy Ireland Consumer

Consumer Products is a leading supplier of branded consumer products to the Irish market. Its Avonmore brand is the second highest selling grocery brand in Ireland while other brands include Kilmeaden, the largest block cheddar cheese brand and a range of leading local milk brands including Premier milk.

Its product offering focuses primarily on dairy products and includes standard and fortified milks, along with cheese, butter and cream as well as a range of chilled soups. The commitment to innovation and new product development is exemplified by its fortified range of milks including Super Milk, Slimline, Heart Active, Protein and Lactose-free which have redefined the milk category.

Consumer Products have also opened a new UHT (Ultra-Heat-Treated) facility to produce long-life liquid milk and cream suitable for export to emerging markets such as China, Europe and the Middle East. It manufactures a range of standard and fortified UHT milk and cream products, including export versions of its market leading brand, Avonmore Milk. Consumer Products delivered a good performance in 2015. The investment in operational efficiencies, mix improvement and some reduction in input costs enabled a recovery in margins. Revenue growth was driven by increases in value added milk and cream sales plus bolt on acquisitions. We will continue to innovate and invest in our brand portfolio both domestically and internationally.

At a glance

REVENUES
€633.2 million

EBITA
€28.8 million

EBITA MARGIN
4.5%

COUNTRIES
2

EMPLOYEES
1,251

Annual
Report
2016

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© Glanbia plc 2017. All rights reserved

© Glanbia plc 2017. All rights reserved