Kerrygold On Course To Be Ireland’s First Billion-Euro Dairy Brand
March 22, 2018 | 1 min to read
Ornua, formerly the Irish Dairy Board, said it expects sales of its flagship Kerrygold brand to hit €1 billion next year, making it Ireland’s first billion-euro dairy brand.
Speaking after the company reported a record €2.1 billion turnover for 2017, chief executive Kevin Lane said the plan was to see Kerrygold sales hit €1 billion by 2021, but strong sales in key markets such as Germany and the United States meant this target would be achieved ahead of time.
While the group did not break out the value of Kerrygold sales in latest annual results, Mr Lane said it had already hit record levels in Germany and the US with double-digit volume growth.
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