Profits plunge at Reox Holdings

REOX Holdings has seen operating profits plunge from e20.8 million to e5.6m in the year to September 30, 2008.

Profits plunge at Reox Holdings
Thu, 26 Feb, 2009 - 00:00

Sales in the DIY to consumer foods group fell dramatically by e63.6m to e280m, reflecting the difficulties in the economy.

Formed out of Dairygold Co-op in May 2006, Reox is owned by the dairy co-op and by the dairy group’s farmer shareholders.

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