Revenues and profits increase at Cork's Carbery Group

Revenues and profits increase at Cork's Carbery Group

Carbery Group, the West Cork based ingredients, flavours, and cheese producer, has reported higher revenues and operating profits for the year to the end of December.

Carbery Group joins EIT Food to accelerate innovation in sustainable nutrition | Manufacturing & Supply Chain

Carbery Group and its taste division, Synergy Flavours, have entered a partnership with EIT Food, the world’s largest and most dynamic food innovation community. Co-funded by the EU, EIT Food works to build a future-fit food system that is sustainable, healthy, and trusted. Headquartered in Ballineen, County Cork, Carbery Group is an international dairy, flavours and nutritional ingredients company. It is owned by four Irish co-operatives, Bando…

Carbery Group operating profit up 20% in 2024

Operating profit at Carbery Group increased approximately 20% last year as the milk processor and dairy business put in a "strong financial performance". The group reported an operating profit of €24.8m, up €5.2m from 2023, and EBITDA increased 12% to €52m. Revenue increased 8% to €668m for the year ended 31 December, and the group said its performance how allowed it to ring-fence €8.6m for its Stability Fund to support milk prices if needed in …