Dairygold’s financial results, as detailed by Lorcan Roche Kelly on page 24 and 25 this week, could be a sign of what’s to come for Irish co-op profitability for 2025.

Despite a 10% increase in turnover in 2025, the co-op recorded a 90% drop in after-tax profit to €1.4m. The significant decline in dairy markets for the second half of 2025 was a key driver of the reduced profits, with Dairygold’s reliance on mature cheese leaving it particularly exposed to shifts in global markets.

After a number of years of investment, Dairygold has a clear plan to reduce debt, along with controlling costs and streamlining the business.

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While dairy farmers will be looking for an increased milk price, prudent management is important in an increasingly volatile global market.