Ornua is Ireland's largest exporter of dairy products, managing the overseas sales of around two-thirds of Ireland's total dairy exports. We have invested heavily in the Kerrygold brand in the US, where we have been consistently growing our sales. The board has agreed on how it will approach any issues relating to conflicts of interests for board members. Ornua cancelled its planned pre-Christmas board meeting; the Ornua board includes two members of Glanbia]. The strength and impressive growth of Kerrygold allowed Ornua to pay a product brand premium of €18 million to our members for Kerrygold product.

Source: Irish Examiner April 03, 2019 12:45 UTC