Food NI member Moy Park, Europe’s largest poultry processor, has retained its position of Northern Ireland’s biggest company. The processor sells throughout Europe and is the only Northern Ireland company with a turnover close to £1.5 billion.
Moy Park, which has its European headquarters at Craigavon in Co. Armagh, heads Northern Ireland’s Top 100 Companies in the annual survey published by Ulster Business magazine. Moy Park leads 22 agri-food companies in the list.
Other Food NI member companies listed in the list include dairy processor Dale Farm, Fane Valley Group, a producer of meat and breakfast cereals, leading wholesaler Henderson/Spar, Tayto Group, LacPatrick Dairies, Lynas Wholesale
The survey shows that Northern Ireland’s biggest companies have boosted their profits by almost 80 percent in the space of a year. Moy Park heads the listing for the seventh year in a row.
Chris Kirke, president of Moy Park, said: “We’re tremendously proud to be recognised as Northern Ireland’s top company once again, particularly as it coincides with our 75th anniversary celebrations.
“It’s the great people within the business that makes Moy Park the successful company it is today. It is our talented team and our focus on enhancing operations across our facilities that will ensure we can continue to innovate, thrive and grow.”
Moy Park supplies poultry products to retailers and foodservice organisations throughout Europe and is now owned by Pilgrim’s Pride of the US. It processes six million fresh chickens every week.
Overall, turnover among the Top 100, which is now in its 30th year, increased by around nine per cent, rising from £21.88 billion to £23.85 billion, when comparing company accounts, year-on-year.
Pre-tax profits for those making the list grew by 79 per cent, rising from £517.5 million to £924.9 million.