Profits rise for Northern Irish meat processor Dunbia
Leading Northern Irish meat processor Dunbia saw profits rise by
more than 40 per cent last year on turnover of £826 million.
Based in Dungannon, county Tyrone, Dunbia, which recently announced an intention to seek further investment for growth, reported pre-taxprofits of more than £6.5 million in the year to 29 March 2015 - up from £4.6 million the year before, an increase of around
eight per cent.
Dunbia's turnover also increased to £826 million from £769million in the same period.
The group says it is now focusing resources on new product
development and volume growth in order to expand the business, now
Northern Ireland's second biggest food processor after Moy Park and among the top five largest local companies.
The business, formed 40 years' ago by brothers Jim and Jack Dobson, who still own and manage the company, operates from around a dozen
sites in the United Kingdom and Republic of Ireland.
Dunbia exports to around 20 countries and is a leading supplier of
beef, lamb and pork to supermarkets throughout the United Kingdom
and Ireland including Sainsbury and Asda.
The company says: "While the group and the industry as a whole have battled fluctuating livestock prices, the group has been able to
work closely with customers in retraining gross profit margin and
will continue to do so."
The group currently employs almost 4,000 people and added more than 350 during the year. It sources livestock from more than 22,000
producers across the UK and Ireland.
more than 40 per cent last year on turnover of £826 million.
Based in Dungannon, county Tyrone, Dunbia, which recently announced an intention to seek further investment for growth, reported pre-taxprofits of more than £6.5 million in the year to 29 March 2015 - up from £4.6 million the year before, an increase of around
eight per cent.
Dunbia's turnover also increased to £826 million from £769million in the same period.
The group says it is now focusing resources on new product
development and volume growth in order to expand the business, now
Northern Ireland's second biggest food processor after Moy Park and among the top five largest local companies.
The business, formed 40 years' ago by brothers Jim and Jack Dobson, who still own and manage the company, operates from around a dozen
sites in the United Kingdom and Republic of Ireland.
Dunbia exports to around 20 countries and is a leading supplier of
beef, lamb and pork to supermarkets throughout the United Kingdom
and Ireland including Sainsbury and Asda.
The company says: "While the group and the industry as a whole have battled fluctuating livestock prices, the group has been able to
work closely with customers in retraining gross profit margin and
will continue to do so."
The group currently employs almost 4,000 people and added more than 350 during the year. It sources livestock from more than 22,000
producers across the UK and Ireland.