Henchy’s masterplan to revive firm’s fortunes

SOME people may argue that it is too soon to start making any bold predictions about the future for Dairygold. Last year it clocked up losses of almost €40 million and cut 825 jobs in an effort to whip the group into shape.

It sold its two red meat plants, closed several trading stores and it still has to grapple with the dairy division that will require two if not three plant closures to make processing profitable into the future. And at least 700 more jobs are on the line.

Despite the enormity of the challenge, chief executive Jerry Henchy, just 13 months in the job, believes the future is bright.