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A significant bounce in powder and butter sales helped reinforce western-based Aurivo’s financial results for 2020.
Aurivo’s dairy ingredients business is mainly made up of butter and powder sales.
Aurivo produces a lot of enriched powders, which essentially are dried milk with the fat percentage increased with the addition of varying levels of vegetable oil.
Aurivo sell this product in Africa, which is a growing market. Once it lands in Africa, the powder is sold in small local stores.
Turnover in dairy ingredients jumped from €172m to €198m
The African consumer takes the powder home where water is added again. This product is used as a substitute for milk in Africa, where they can’t get ‘normal’ milk as Irish consumers know it.
Aaron Forde: derogatory tweets about Travelling community
Surprise has been expressed in government circles that a thorough trawl of Aaron Forde‘s social media wasn’t carried out before his name was proposed to Eamon Ryan for the position of chairman of Shannon Group.
The Minister for Transport was forced to withdraw Forde‘s nomination just hours after it was announced last Tuesday, when a number of derogatory tweets he had written about the Travelling community and social welfare recipients emerged..
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This week, Gavin gives his two cents on the u-turn regarding the appointment of a new Chair to the Shannon Group board A “sorry saga.” A “mess.” “Not good enough.” All terms used to describe the botched appointment of a new Chairperson to the board of Shannon Group this week. The only description messing, […]