Donegal Creameries says 2009 was positive

first_img Facebook Donegal Creameries says 2009 was positive Twitter Calls for maternity restrictions to be lifted at LUH By News Highland – April 23, 2010 Pinterest Twitter Guidelines for reopening of hospitality sector published Donegal Creameries PLC has published its 2009 financial report, noting satisfactory results and significant debt reduction in what was a challenging year.The company says it made continued strategic progress, and that will continue into 2010.The results show a turnover of €113.3m, with adjusted operating profit of €3 million. The dividend per share has been maintained at 16%, with adjusted earnings per share of almost 49 cent exceeding market expectations, according to the report. Significantly, the document reports the company’s bank debt has been reduced by €6.23 million to €20.5m.There was improved profitability in both the Dairy and Produce businesses, with a number of associate conpanies, particularly Monaghan Middlebrook Mushrooms, performing very well in 2009.The company says it’s positioning itself to expand further, with a range of organic products planted on the Grianan Estate last year to be introduced to market in 2010.Donegal Creameries have also acquired a majority shareholding in a Brazilian seed potato production company, giving access to the South American market for Donegal’s extensive portfolio of protected potato varieties. Facebook WhatsApp Previous articleWoman not informed of partner’s inquest seeks formal apologyNext articleDNA found on a curtain pole an 83-year-old woman had used to fight off an intruder News Highland center_img Almost 10,000 appointments cancelled in Saolta Hospital Group this week Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton News Pinterest Three factors driving Donegal housing market – Robinson last_img read more

Read More »