Moy Park is Northern Irish profit leader
Poultry processor Moy Park is Northern Ireland's most profitable
food company and the sixth manufacturer with the highest profits,
according to a new Danske Bank backed survey.
The annual survey lists 22 food and drink companies in the Top 200
Most Profitable businesses in Northern Ireland. Employing over 8,000people, Moy Park, now owned by Brazil's JBS is listed as recording
pre-tax profit of over ?33 million on ?1.2 billion turnover in the
year ended 31st December 2013.
Among the other food and drink companies in the Top 200 most
profitable are Old Bushmills Distillery, the oldest Irish whiskey
producer that's now owned by Mexico's tequila producer Jose Cuervo and which recorded pre-tax profit of ?22 million on a ?69 million
turnover for year ended June 2014. Old Bushmills employs just over
100 people.
It's interesting that Northern Ireland's two most profitable food
and drink companies are now South American-owned.
The most profitable farmers' co-operative, Fane Valley Group of
Armagh, which has interested in meat, dairy, cereal and feed processing, has pre-tax profits of ?6.7 million on ?553 million turnover.
It employs 1,257 people.
Fane Valley is Northern Ireland's most profitable locally-owned
company. Group companies include Linden Foods, a leading meat
processor, Kettyle Irish Foods, a specialist in dry-aged beef and
dry-cured bacon, White's, the sole miller of porridge oats, and FaneValley Dairies, a provider of milk powders.
United Dairy Farmers, which owns Dale Farm, Northern Ireland's
leading dairy processor, had a ?6 million pre-tax profit on turnover of ?442 million. It employs 880 people.
Other food and drink processing businesses listed in the Top 200
include Diageo Northern Ireland, Coca Cola HBC Northern Ireland,
Dunbia, the region's biggest meat producer, Avondale Foods, TMC
Dairies, Lynn's Country Foods, Hilton foods UK, and Skea Egg Farms.
Food retailers and distribution business are also prominent in
Northern Ireland's Top 200. They include SHS Group, John Henderson
Group, the leading Spar master franchise, Dunne's Stores and Lamex
Foods.
Food and drink is Northern Ireland's biggest manufacturer and a key exporter of a wide range of products. The industry contributes
almost ?5 billion to the local economy and employs 100,000 across
the 'farm to fork' supply chain.
food company and the sixth manufacturer with the highest profits,
according to a new Danske Bank backed survey.
The annual survey lists 22 food and drink companies in the Top 200
Most Profitable businesses in Northern Ireland. Employing over 8,000people, Moy Park, now owned by Brazil's JBS is listed as recording
pre-tax profit of over ?33 million on ?1.2 billion turnover in the
year ended 31st December 2013.
Among the other food and drink companies in the Top 200 most
profitable are Old Bushmills Distillery, the oldest Irish whiskey
producer that's now owned by Mexico's tequila producer Jose Cuervo and which recorded pre-tax profit of ?22 million on a ?69 million
turnover for year ended June 2014. Old Bushmills employs just over
100 people.
It's interesting that Northern Ireland's two most profitable food
and drink companies are now South American-owned.
The most profitable farmers' co-operative, Fane Valley Group of
Armagh, which has interested in meat, dairy, cereal and feed processing, has pre-tax profits of ?6.7 million on ?553 million turnover.
It employs 1,257 people.
Fane Valley is Northern Ireland's most profitable locally-owned
company. Group companies include Linden Foods, a leading meat
processor, Kettyle Irish Foods, a specialist in dry-aged beef and
dry-cured bacon, White's, the sole miller of porridge oats, and FaneValley Dairies, a provider of milk powders.
United Dairy Farmers, which owns Dale Farm, Northern Ireland's
leading dairy processor, had a ?6 million pre-tax profit on turnover of ?442 million. It employs 880 people.
Other food and drink processing businesses listed in the Top 200
include Diageo Northern Ireland, Coca Cola HBC Northern Ireland,
Dunbia, the region's biggest meat producer, Avondale Foods, TMC
Dairies, Lynn's Country Foods, Hilton foods UK, and Skea Egg Farms.
Food retailers and distribution business are also prominent in
Northern Ireland's Top 200. They include SHS Group, John Henderson
Group, the leading Spar master franchise, Dunne's Stores and Lamex
Foods.
Food and drink is Northern Ireland's biggest manufacturer and a key exporter of a wide range of products. The industry contributes
almost ?5 billion to the local economy and employs 100,000 across
the 'farm to fork' supply chain.