Tirlán revenues up 10% to €2.9bn after record year for milk supply

Operating profits hit €63.7m in 2025

Michael Horan, Tirlán Chief Financial and Secretariat Officer, John Murphy, chairperson, Seán Molloy, chief executive and Lisa Koep, chief ESG officer at the publication of Tirlán's annual report and accounts for 2025. Picture: Finbarr O'Rourke

Tirlán has reported revenues up 10% to €2.9bn after a record year for milk supply. 

The diary, food, and nutrition giant said that milk volumes in 2025 delivered by Tirlán farmers were up 7% and milk solids 9% ahead of the previous year. In 2025, Tirlán processed approximately one third of the Irish milk pool, totalling 3.2bn litres. 

Tirlán chief executive Seán Molloy said 2025 was a record year for milk supply and the co-op was also the largest purchaser and user of Irish grain, with green grain intake reaching 234,000 tonnes. Tirlán paid €1.8bn to farmers for milk and grain in 2025.

Sales of 415,000 tonnes of dairy ingredients to global markets were acheived, with revenues in this category up 13% year-on-year, despite "particularly challenging market conditions" in the fourth quarter of the year. Tirlán now exports to over 100 countries.

Diary brand Avonmore reported a strong retail performance in Ireland while it continued its international expansion of Avonmore Professional UHT cream, now exported to 35 countries.

Tirlán has a market presence in the UK, France, Germany, UAE, the US, North Africa, Japan, and China, with more than 2,170 people managing its network of 11 production facilities.

The company's agribusiness, consumer, and ingredients categories all reported growth. “This performance was achieved on the back of excellent supply volumes, alongside disciplined cost and cash management. The co-op continued to invest for long-term value creation across its ingredients, consumer, and agribusiness businesses, while maintaining a strong focus on supporting farm families through market volatility,” said Tirlán chair John Murphy. 

Mr Murphy said that 2025 was an excellent year for total member returns, with a spin-out of 15m Glanbia shares to members.

Tirlán completed the close-out of its Exchangeable Bond in 2025. As a result, Tirlán is at its lowest net debt position in over a decade, while retaining a 17.9% shareholding in Glanbia plc valued at €734m.

Tirlán is investing €126m at its Ballyragget site to expand capacity and flexibility to produce high-value whey protein ingredients.

Tirlán paid an average milk price of 54.4c per litre over the year, up from 52cpl in 2024.