Record Ornua profit from buoyant dairy markets

Milk price up across the country; Glanbia price falls due to seasonality bonus ending

Some dairy commodities such as butter, have experienced fluctuation in prices over the past few weeks, but overall, dairy markets are reasonably stable as we head into peak milk production. File Picture. 

Operating profits have increased by 69% at Ornua, the largest buyer of Irish dairy products.

Group turnover was €2.3bn, according to its financial report for 2020, announced today.