Dairy product manufacturer and parent of Kerrygold, Ornua, has reported a strong performance for the 12 months to 27 December 2025, with group turnover increasing by 1.6 per cent to approximately £2.95bn.

The group’s operating profit increased by 4.7 per cent to around £118.75m, while the EBITDA went up by 3.6 per cent to around £148.98m.

In particular, Kerrygold delivered a standout performance globally, surpassing the $1bn (£737m) retail sales milestone in the US early in the year.

The business stated that the success was driven by major product expansions, with 16 new products being introduced and a range of butter blends, cheese snacking sticks and new products within the cream cheese range.

The brand continues to hold a strong position in multiple international markets, being the top butter brand in Ireland and the second most popular butter brand in the UK market.

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Conor Galvin, CEO of Ornua, 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.

“Kerrygold’s continued success demonstrates the world-class quality of Irish grass-fed milk, the strength of Ornua’s talented global team and network, and the capabilities of our Irish dairy processors and farm families who work tirelessly to bring quality, desired, and trusted food to tables around the world.

“In 2025, we introduced a new growth strategy for the business guiding our ambitions for the next five years. We will continue to focus on world-class commercial execution, enabled by everyday operational excellence, to meet the needs of a growing number of consumers globally.”

The business stated it was a “turbulent year” for global dairy markets with factors including fluctuating supply levels and changing consumer demand patterns adding pressure.

Additionally, the supply was larger than the demand, which caused prices to fall sharply towards the end of 2025.

Moving forward, Ornua has implemented a strategic growth plan to execute until 2030 based on shifting consumer expectations and technological changes.