Tipperary Co-op sees sales up 17% to €146m as cheese products soar

TIPPERARY Co-op has reported a 17% jump in sales for 2010, up to €146m from €125m in 2009, with profit before tax doubled to €784,000.

The co-op’s cheese division performed strongly during 2010 with a total cheese commercialisation of 15,000 tonnes, inclusive of its French subsidiary company Tippagral. Tippagral had its own challenges during 2010 as the price of its raw materials increased substantially but the business continues to be a key element of the Co-op’s cheese strategy.

Tipperary Co-op is also a prominent supplier of specialised dairy ingredients to the ever growing infant formula sector. The Co-op also manufactures specialised products for the Irish Dairy Board Kerrygold Brand range and has continued to grow and strengthen its position as one of the key suppliers to the Kerrygold lactic butter market in Germany.