January 4, 2013
Meadow Foods sees 5% rise in profits
UK's largest independent dairy, Meadow Foods, has witnessed a 5% rise in profits and a 13% increase in turnover in the year to March 2012.
The dairy company announces that its operating profit sees a 4.97% increase on the previous year.
Turnover increased by 13% in the same period.
Last month, Meadow Foods gained planning consent for a major expansion of its milk processing and butter production facility at Chester, where the company has its headquarters. This will see an additional 5,300 square metres of processing and storage facilities developed and the generation of up to 100 new jobs in the region, said Meadow Foods.
