Dairy processor First Milk has almost doubled its profits in its financial results for the year ended March 31 2017, following a “transformation” of the business.
First Milk has posted an £8M rise in profit since last year in its interim financial report for the six months to September 30 2016, following a “radical transformation” of the company.
Arla’s move to acquire full ownership of Westbury Dairies – formerly operated with First Milk as a joint venture – has been welcomed by milk suppliers.
The first stage in a large sustainability project at one of the UK's largest cheese creameries operated by First Milk has been completed by anaerobic digestion (AD) treatment specialist Clearfleau.
First Milk has “stabilised” its finances and is on track to recover from the cash flow problems that emerged earlier this year, according to chairman Sir Jim Paice.
The National Farmers Union (NFU) is planning urgent talks with First Milk after the farmer cooperative proposed to crank up its members’ costs at a time when the dairy industry is under severe financial pressure.
Dairy cooperative First Milk faced bitter sweet developments this week, with news of green investment in its Haverfordwest creamery in Pembrokeshire soured by confirmation it would close its Wrexham cheese packing plant.
First Milk plans to start building its new Scottish creamery in early 2011, after Argyll & Bute Council approved a delayed planning proposal for a linked Tesco store
Storage and distribution firm Grocontinental has clinched an agreement granting dairy business First Milk the use of its recently completed £3m, 7,432m2 multi-temperature warehouse to store its cheese.