Ornua reports turnover of US$4.1B in FY 2025

IRELAND – Ornua, Ireland’s largest exporter of dairy products and owner of Kerrygold, has reported a turnover of US$4.13 billion (€3.5 billion) in its financial results for the 12 months ending December 27, 2025.

Group EBITDA and operating profit grew 3.6% and 4.7% to US$202.05 million (€171.4 million) and $161.02 million (€136.6 million) respectively. Over US$2.12 billion (€1.8 billion) in Irish dairy products was purchased from member cooperatives.

US$87.7 million (€74.3 million) in premiums and bonuses was paid to member co-ops for products supplied in the year (Ornua Value Payment). US$568 million (€481.5 million) in working capital facilities was provided to member co-ops in 2025.

Ornua and Kerrygold

Kerrygold surpassed the US$1 billion retail sales milestone in the USA for the first time and reached more households globally than ever before, Ornua has outlined.

Over 14,000 containers of Irish dairy products wereshipped globally. Ornua also recorded an 8.5% reduction in Scope 1 and 2 emissions compared to 2024, representing a total decrease of 39.6% from its 2020 baseline

CEO, Ornua Conor Galvin said: “I am pleased to report a solid performance from the business in 2025, a complex year in which we delivered continued growth across key metrics despite challenging global market conditions.

Turbulent year for global dairy markets

Global dairy markets experienced fluctuating supply levels and shifting demand patterns, according to the Ornua financial report.

At the same time at home, processors and producers felt the impact of this volatility, in addition to uncertainty around regulatory developments and unpredictable weather conditions.

Ornua said its priority has been to support farmers’ long-term viability through “robust value creation”.

Global milk supply expanded much more strongly than expected during 2025, rising by 2.5%, with all major regions contributing to growth.

Higher EU‑27 yields, supported by favourable conditions early in the year and improved farm margins, drove increased production of cheese, butter, and skim milk powder.

While global dairy demand remained generally firm, momentum softened through the summer as European retail growth slowed, exports eased, and foodservice demand lagged, according to the Ornua report.

With supply outpacing demand, dairy commodity availability increased and prices fell sharply towards the end of 2025.

Ornua outlook

Recognising global challenges, shifting consumer expectations, and rapid technological change, Ornua outlined that it has introduced a new strategic growth plan to guide the business through to 2030.

The strategy focuses on strengthening Ornua’s leadership in premium dairy through commercial execution, enabled by operational excellence and a more connected global operating model.

Although the near‑term outlook remains uncertain amid geopolitical tensions, trade disruption, and energy market volatility, Ornua believes it is in a position to deliver sustainable growth in 2026.

To receive our email newsletters with the latest news and insights from Africa, the Middle East and around the world, SUBSCRIBE HERE