The Millbrook Dairy Company has seen further revenue growth in its third year of trading with a 30% increase in annual turnover in 2021/2022.
According to the global dairy company, sales revenues compared to last year are up from £20m to £26m in 2022.
The company supplies a diverse range of premium quality British cheese and butter to international markets in the USA, China, Canada, South America and Australia.
Originally founded in 2019 by respected dairy industry experts David Evans and Kevin Beer, the brand has had exponential growth in the three years they have been trading.
“It has been an extraordinary journey for us at Millbrook Dairy Company,” co-founder of Millbrook Dairy Company Kevin Beer said.
He added: “When we set up the company back in 2019 it was just David and me. Now we have a team of 10. Back in those early days, we focused on developing our proposition and building up our supplier and customer base.”
Beer also said that 2020 was the year they began to “broaden our product portfolio” and increase their export capability in readiness for Brexit.
Beer also commented: “2021 saw the launch of our 1057 Scottish Extra Mature Cheddar brand aimed at the North American and UK markets and we have seen this significant investment drive a 71% increase in value in 2021/2022 compared to 2020/2021.”
“We’re especially proud of this growth as 2021 was a challenging year for Millbrook Dairy Company, as indeed it was for many businesses in the sector.
“Not only had we invested in our 1057 Scottish Extra Mature Cheddar brand and recruited new team members, but we also had to take on board the increased transport and shipping costs resulting from global supply chain problems.
“These investments, however, paid dividend as the business saw volume and turnover increase significantly, as the food service sector recovered from Covid, and dairy prices continued to rise.”
