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Article: Armagh Creameries Ltd
- Article from:
- Belfast Telegraph
- Article date:
- May 19, 2003
- Author:
CopyrightCopyright 2003 Belfast Telegraph. Provided by ProQuest LLC. (Hide copyright information)
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Armaghdown Creameries has been a wholly-owned subsidiary of the
Fane Valley Co-operative Society since 1991.
In the past decade its dairy processing business, with a
significant emphasis on butter production, has made a useful
contribution to the success of the Co-op.
After a useful increase in turnover during the early 1990s, during
the latter part of the decade Armaghdown's turnover figures tended
to fall. Turnover of [Pound]59m in 1996, with some annual
fluctuations, fell to a recent low of [Pound]49m in 2001. The most
recent registered accounts reveal a sharp recovery to more than
[Pound]62m in 2002.
Fluctuations in turnover are, of course, a composite of variations
in the volume of ...