Fruit importer Fyffes is on track for a bumper year after recording a 30% increase in profits for the first half of the year.

A proposal to spin off the company’s domestic dairy operation is likely to get the green light, which should facilitate the expansion of the processing sector in Ireland in advance of EU milk quota abolition in 2015, reports Kyran Fitzgerald

A difficult potato season has severely impacted on Donegal Creameries’ half-year results.

NCB Stockbrokers have increased their share price target for Kerry Group to €43 following a note to clients headed “Kerry surprises again”.

GLANBIA Plc, the largest cheese maker in the US, may spend €200 million next year on acquisitions to boost the nutritional products business it has built up from the by-products of dairy goods.