Lakeland co-op ready to face Brexit

The chairman of dairy co-operative Lakeland is confident about Brexit, saying it will face the challenges head on. Lakeland, which operates in 15 counties, said in its annual report revenues were up by 2% to €601m. 

It saw an operating profit of €7.2m before exceptional costs, and earnings before interest, tax, depreciation and amortisation of €18.9m.

In his chairman’s address, Alo Duffy said: “There are going to be implications for how trade will be conducted between EU countries and the UK. It’s going to be complex, but I believe business will always find a way.