The Irish Dairy Board
From a "sleeping giant" losing money to a "sustainable, good business", Adams Foods CEO Ian Toal says the UK arm of The Irish Dairy Board has made significant progress since he joined the business in 2011. What has driven the business? And how does it plan to grow further? Dean Best met Toal to find out.
European dairy processor Arla Foods had a bumper 2012, with sales and profits up. And its operations in emerging markets played a part in boosting its top and bottom lines. Dean Best spoke with Arla CFO Frederik Lotz about the company's ambitions in emerging markets as it battles stiff competition for rising dairy consumption in markets like China from its European peers.
Adams Foods, the UK arm of The Irish Dairy Board, has seen sales jump around 40% in the last three years. The company's recent deal to market cheese for UK dairy co-op First Milk has helped drive that gain - but it has enjoyed organic growth, too. In an excerpt from an interview with just-food, hear Adams Foods CEO Ian Toal discuss the importance of innovation to the business.
The Irish Dairy Board is to spend EUR30m on butter production and R&D at a site in its domestic market.
Higher sales from consumer foods and from ingredients have helped annual profits increase at The Irish Dairy Board.
The Irish Dairy Board has signalled a new refinancing deal could allow the co-operative to make acquisitions.
Adams Foods has claimed it is set to "transform" the UK's grated cheese category with the launch of cubes of cheddar it claims melt on dishes more evenly.
With emerging markets becoming a central focus for many food companies, there is growing interest in the Middle East and Africa - and this week we are at the Gulfood expo in Dubai to speak to those building their business in the region.
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