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Arrabawn bucks dairy market slump with record results

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Tipperary-based co-op posts record earnings and operating profits for last year despite slide in market returns elsewhere

Tipperary-based milk processor Arrabawn appeared to buck the global dairy market slump last year, reporting record financial results.

A fall-off in dairy market returns predicated on excess supply and declining consumer demand hit the earnings of most big suppliers here. “After the exceptional year in 2022 for dairy markets, 2023 proved much more challenging with a drop in dairy commodities, in particular,” chief executive Conor Ryan said.

 

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