growth
Glanbia posts first quarter statement
Global nutrition group, Glanbia, has posted an 8.4% increase in revenue for the three months to 30 March 2019, up 16.2% on the same period in 2018.
Ornua delivered strong performance in 2018
Ornua, Ireland’s largest exporter of dairy products, delivered a strong trading performance in 2018 with group turnover up +0.6% to €2.08 billion.
Rabobank predicts challenging times in dairy
The final milk production tallies for the fourth quarter of 2018 are complete, according to the agricultural research analysts Rabobank, writing in its Dairy Quarterly report.
Schwälbchen Molkerei AG achieved promising results in 2018
Although 2018 started weakly for Schwälbchen Molkerei AG, with low prices notably reducing margins, the company’s product structure enabled the dairy to achieve a good business results for the year.
Lancashire dairy expands production due to demand
Family-owned dairy company, Lancashire Farm Dairies, has completed an investment worth over £3.5m in a new plant following increased demand for its products.
Filling the hole in the Dutch cheese market
Dutch cheese production has recorded exceptional growth since 2012, outpacing the limited consumption growth in northwestern Europe, according to a report by analysts, Rabobank.
Dairy Crest shows strong third quarter trading
Dairy Crest has issued its trading update for the nine months ended 31 December 2018, which showed a strong third quarter, and full year is in line with expectations.
Q4 milk production growth slowed according to report
A report by Rabobank showed that third quarter 2018 milk production growth sank to just 0.8% year-on-year, and predicts a similar rate for the fourth quarter.
Somerdale sees US & Canadian market growth
Somerdale International has seen its US and Canadian market revenues grow by over 35% in the last five years and in 2018, sales passed the £15million ($19m) mark.
New Dairygold powder plant in Ireland
Dairygold has begun construction of a new powder plant on its Nutritionals Campus in Mallow, County Cork in Ireland
Glanbia confident about full year earnings
Irish dairy ingredients supplier Glanbia says its third quarter year to date volume growth was 6.7%.
Whey and lactose on track for growth
In developed countries, a clear product trend of adding value to the whey pool has become apparent as high-end protein product.
Yili Group enters Indonesian market
In Jakarta, Indonesia, China’s largest dairy enterprise, Yili Group, held a product launch event and announced its entrance into the Indonesian market.
Global milk supply growth has slowed YOY
Year-on-year milk supply growth across the Big 7 exporters for Q3 2018 has slowed down to estimates of 0.4% compared to the same period in 2017