financial report
Food Union reports €277 million turnover in 2019
Food Union Group ended 2019 with a strong performance, amounting to €277 million in net revenue and a gross profit of €104 million.
First Milk releases annual report showing strong performance
First Milk has published its Annual Report and Accounts for the year ending 31 March 2020, which reports a year of progress, delivering growth, investment and improved member returns.
Hochwald reports stable 2019 figures and widens the gap from the average German milk price
German dairy co-operative, Hochwald, has released its annual financial statements, reporting high investment levels and a significant increase in equity.
Danone reports on positive growth in 2019 figures
Danone has reported on its 2019 sales, which were €25.3 billion, up 2.6% on a reported and like-for-like basis, with a 4.1% increase in Q4 on a like-for-like basis.
Dairy ingredients to grow by 2025
The global dairy ingredients market is estimated to be valued at US$53.8 billion (€49.4bn) in 2019 and is projected to reach US$81.4 billion by 2025, recording a CAGR of 7.1%, according to a report from Research and Markets.
Meadow Foods reports on a successful 2019
Meadow Foods, a UK independent dairy and supplier of value added ingredients to the food industry, has reported a pre-tax profit of £25.6m (£22.0m 2018) on a turnover of £456m (£427m 2018) to 31 March 2019, an increase of 16%.
Ornua reports strong financial year, despite dip in profits
Ornua Foods UK has reported a solid financial performance for the year ended 29 December 2018, despite the highly challenging and volatile market environment.