Carbery enjoys strong US sales

Carbery Group enjoyed a 27.8% surge in pre-tax profits for 2011 up to €8.7m, buoyed by strong US sales for its flagship Dubliner cheese brand and sustained British growth for its Kinetica sports nutrition range.

Annual results for 2011, released yesterday, show the West Cork-based dairy group’s 14.5% rise in revenues to €256.5m was driven by a strong performance from its ingredients division. Its R&D team has new products in the pipeline across the infant nutrition, sports nutrition, and clinical nutrition markets.

In contrast, its cheese division had a challenging year, principally due to market returns for cheese under-performing relative to other dairy products.