Dale Farm has credited “exceptional teamwork” for its fourth successive year of strong financial results.
Turnover for the farmer-owned dairy co-operative shot up from £631.4m to £722.4m, figures for the year ending March 2025 have revealed.
Net profit before tax rose to £31.9m, compared with £29.8m the previous year. EBITDA increased to £45.6m, up from £44.9m, and operating profit grew from £37.5m in the previous tax year to £37.7m in 2024/2025.
Last year, Dale Farm announced an investment of £70m in its cheddar cheese processing facility at Dunmanbridge, Co Tyrone, which group chief executive Nick Whelan said was “performing extremely well”.
He added the company was currently in the investment phase of its strategy cycle, with a focus on production, automation and digitalisation.
“We are pleased with the results, but we take nothing for granted,” said Whelan. “Food businesses require constant financial reinvestment guided by focused research and development. We are determined to remain innovative, constantly reinforcing our reputation for quality, consistency and sustainability, while investing in our people.”
Dale Farm chairman Fred Allen added: “Last year, farm level input inflation was countered by higher market returns and, consequently, higher producer milk prices.
“We are pleased that we were able to pay a competitive, sustainable milk price with an average of 43.67 pence per litre in 2024/25.”
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