Carbery profits up after a ‘solid performance’

CARBERY Group, the cheese-to-ingredients business based in Ballineen, Co Cork, has reported a good year for 2005.

In a difficult market the group achieved a modest increase in turnover to €181m from €178.9m, while profit before tax rose from €4.3m. to €5.1m.

During the period the EU set about implementing the second phase of the its mid-term review while the Commission acted aggressively to cut dairy supports.