Dairy Board chief criticises banks for failing to support agriculture

IRISH banks have been lashed for failing to support agriculture — “the best growth story in the Irish economy” — by Irish Dairy Board chief executive Kevin Lane.

Thu, 07 Apr, 2011 - 01:00
Brian O'Mahony

The Irish Dairy Board (IDB) said record sales of its internationally known Kerrygold brand helped to push up total sales for last year to €1.9bn.

Operating profits for the year fell sharply in 2010 to €26.9m, driven mainly by reduced profits in its US distribution business.

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CourtsAgri-BusinessPlace: USPerson: Kevin LanePerson: LaneOrganisation: Dairy BoardOrganisation: IrishOrganisation: Irish Dairy BoardOrganisation: IDBOrganisation: KerrygoldOrganisation: Adams FoodsOrganisation: DPI
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