Ornua targets €3bn in sales

Kerrygold exporter Ornua has just finalised a five-year plan that sets a goal of €3bn for Irish dairy sales.

Turnover stood at a little over €2.3bn for 2014. Recently rebranded from the Irish Dairy Board, Ornua has just reported a 23% rise in its pre-tax profits for 2014 to €28.1m.

Ornua has achieved these figures in a year of volatile global milk prices, and despite significant investments at home and overseas as it develops new outlets for Ireland’s anticipated post-quota surge in milk volumes.