Irish Dairy Board: way to go

WELL done to the Irish dairy co-op which increased its sales to a huge 2bn in 2003, 60% of which were achieved on fiercely competitive export markets.

Profits at the Irish Dairy Board are expected to be near last year’s operating surplus of 36.7m.

That means that the IDB’s member co-ops can expect a cash payout of more than 11m in cash, over and above the price the Dairy Board paid for their butter, cheese, skim milk powder, and other products which the IDB sells for them, in nearly 200 countries.