Arrabawn's revenue and earnings rise as debts fall

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Belgique Nouvelles Nouvelles

Arrabawn Co-Op said that after achieving peak revenues in 2020 despite a hugely challenging year, all key metrics improved again last year.

The annual report was outlined at the company's AGM today in Nenagh in Co Tipperary today - the first"in-person" Arrabawn AGM since 2019 due to the Covid pandemic.

Arrabawn said its overall performance was significantly underpinned by growth at the co-op's ingredients operations at Nenagh, with the facility completing its first full year of processing following a major investment programme in its casein and effluent plant.Agri-trading also saw a strong year, with customer spend up across hardware, agri and household sales.

CEO Conor Ryan said last year was a strong year for Arrabawn and very much validated its €30m investment programme at its Nenagh headquarters.

 

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