Kerrygold owner reports strong sales despite 'turbulent' year

Company surpasses $1bn in Kerrygold retail sales in the US for the first time

Chief executive of Ornua Conor Galvin: 'The price that we can realise for products in the market is down, and the price that a farmer is realising for a litre of milk is down… At the same time you've got costs across the entire supply chain rising.'

Despite a turbulent year in the global dairy markets, Kerrygold owner Ornua has seen its turnover and profits increase over the course of 2025 with sales in the US also up despite the imposition of tariffs, the company’s latest results show.

In its financial year ending on December 27, 2025, Ornua reported a group turnover of more than €3.5bn — a 1.6% increase compared to 2024 — as its earnings before interest, taxes, depreciation and amortization stood at €171.4m, a 3.6% increase. This resulted in an operating profit of €136.6m, up 4.7%.