Sales at poultry firm top €1bn

Global sales at Irish poultry firm Moy Park hit £1.07bn (€1.35bn), according to its annual results for last year.

Employing 10,500 people across 13 facilities in the North, England, France, and Netherlands, the poultry firm delivered a sales lift of 16.4% on the previous year.

The company said that while margins for the year were impacted by unprecedented levels of inflation which significantly increased feed and other raw material costs, Moy Park continued to deliver a positive operating profit of £7.4m and pre-tax profit of £4.8m.