Golden Vale profits up 59% to 6.5m


30 July 1997


Golden Vale profits up 59% to £6.5m


GOLDEN VALE announced a pre-tax surplus in the first half of the year, up 59% to I£6.5m (£5.8m) on turnover down 3.8% to I£278m.

Group turnover declined because of lower prices for butter and milk powder.

The improved profit was helped by better cheese sales to the catering trade and fast food sector. Golden Vales processed cheese division turned a I£300,000 operating loss into a I£2m profit.


  • Financial Times 30/07/97 page 31
  • The Daily Telegraph 30/07/97 page 27

  • Upcoming webinar

    What does the future of farming look like post Covid-19 and Brexit?

    Register now
    See more