The livestock nutrition business has sold assets, outsourced non-core functions, and refocused on its feed ingredients business. With less debt, it is again capable of modest investment.
Irish company BioAtlantis creates crop stimulants using extracts from seaweed found off Ireland’s Atlantic coast, helping producers boost yields and withstand climate stress.
These islands are too small for leading Irish beef and lamb processors. The Queally and Browne families will use lessons learned in a previous French joint venture to leverage their new Kiwi acquisition.
Improving returns are only partially translating into the agribusiness’s share price – and its leadership is not wedded to the stock market.
Spirits were high at the National Ploughing Championships this week. Mercosur, nitrates and CAP changes are coming, but for the moment, farmers are celebrating a year of record high prices in beef and dairy.
Origin Enterprises is on course to diversify a third of profits outside its 200-year-old agribusiness, says Sean Coyle, but not necessarily as a listed company.
The farmer-owned dairy processor is one of Ireland’s most profitable, despite its relatively small scale. Its CEO and CFO explain why it has no plans for consolidation nor for an IPO.
As the cross-border co-op returns to profit, Colin Kelly says it is near completing a major restructuring and looks forward to industry consolidation.
Commodity price volatility is nothing new in the dairy industry – nor are overreactions by stock markets. In fact, managing them is exactly what a company like Glanbia should be good at.
Comparative results before and after Kerry Group’s divestment from its Irish manufacturing business show how beneficial the deal is to the food technology company.
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