Kerrygold reaches €1 billion in retail sales globally
Irish dairy products exporter Ornua has today, Tuesday, April 30, announced that it is the first Irish agri-food brand to reach and surpass €1 billion in retail sales value.
The announcement was made today at the Ornua Offices, Grattan House, Dublin.
Making the announcement, Roisin Hennerty, the managing director of the Global Foods Division said: “Today represents a special day for the dairy industry”.
While Kerrygold holds a unique place in the hearts of the Irish people, we are especially proud that the brand has captured the hearts and imagination of consumers all over the world.
“The future is bright for Kerrygold – our unique connection to our consumers, coupled with our way of farming and our members’ expertise, will drive the next generation of success,” she said.
Speaking at the event, the Minister for Agriculture, Food and the Marine, Michael Creed, said: “The Kerrygold brand is an amazing asset for Irish dairy farmers.
Its promotion of Ireland’s unique grass-fed credentials has been instrumental in enhancing Ireland’s reputation around the world as a sustainable food producer.
“Reaching this milestone is a significant achievement for Kerrygold and Ornua – who have not only contributed economically to Ireland, but have also played their part in supporting our vibrant rural community and building opportunities in markets all over the world,” the minister concluded.
The Kerrygold brand was created by Sir Anthony O’Reilly, CEO of what was then called ‘An Bord Bainne’ in 1962.
His vision was to establish Kerrygold as a premium brand, befitting the quality of Irish milk.
Meanwhile, Ornua has recently (Wednesday, April 3) published its operating and financial results for the year ending December 29, 2018.
A total of 3.4 billion litres of milk equivalent were sold through Ornua’s 110 global markets.
Exporting to over 110 countries around the world, Ornua is the owner of the Kerrygold brand.
According to a statement from the company, Ornua delivered a “strong trading performance” in 2018 with group turnover reaching €2.1 billion.