Cream­ery busi­ness is grow­ing and prof­itable

Campbeltown Courier - - FARM­ING -

Camp­bel­town Cream­ery’s owner First Milk has re­ported an­other year of solid progress. First Milk pub­lished its an­nual re­sults this week which showed a prof­itable busi­ness with a strength­en­ing bal­ance sheet that is grow­ing. The high­lights in­clude a net profit of £3.2 mil­lion and ap­point­ing food firm spe­cial­ist Chris Thomas as its new non-ex­ec­u­tive chair­man last month. First Milk chief ex­ec­u­tive She­lagh Han­cock said a se­cond year of pos­i­tive trad­ing re­sults demon­strated that First Milk was con­sis­tently de­liv­er­ing sta­ble fi­nan­cial per­for­mance and mak­ing solid progress on strength­en­ing and grow­ing the busi­ness. ‘Crit­i­cally, we have done this whilst putting our farmer mem­bers back at the heart of the busi­ness and, most im­por­tantly, de­liv­er­ing im­proved re­turns to our mem­bers. ‘With strong foun­da­tions now firmly in place, First Milk is wellplaced for fu­ture growth. As we look for­ward, our clear strate­gic fo­cus is to drive prof­itable growth across our cheese and fresh milk busi­nesses,’ she said. She added: ‘We have em­barked on sig­nif­i­cant cap­i­tal in­vest­ment at our sites to sup­port the grow­ing de­mand from our cus­tomers, en­abling our mem­bers to in­crease milk pro­duc­tion with con­fi­dence. ‘Through the im­ple­men­ta­tion of this growth strat­egy in the years ahead we will de­liver pros­per­ity for our mem­bers.’

First Milk’s non-ex­ec­u­tive chair­man Chris Thomas.

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