Aurivo turnover increases 12.3% to €814.2 million

AURIVO saw its operating profit rise to €18.7 million last year.

The co-operative's full-year financial results show Aurivo delivered a record financial performance in 2025, supported by favourable on-farm conditions, its highest-ever milk intake and the resilience of its diversified business model.

Group turnover increased by 12.3% to €814.2m, operating profit rose to €18.7m, and EBITDA increased to €29.5m, while the co-operative continued to invest for long-term sustainable growth.

Despite a market correction in the second half of the year as European milk volumes increased sharply, Aurivo’s strong business mix supported a stable full-year performance. The co-operative invested €12.1m across the business during 2025, reduced nett debt to close to zero and increased shareholder funds to more than €120m.

Last year saw its highest-ever milk intake of 544m litres - up 5.3% year-on-year. There was an average manufacturing milk price of 55.3cpl - up 2.34cpl on 2024.

Some €12.1m was invested across the business in capacity, efficiency, customer service and sustainability.

Fourteen new dairy entrants joined Aurivo in 2025, with discussions ongoing with approximately 30 potential entrants for 2026/27.

And there was a record marts turnover of €162.4m in a year when average cattle prices increased by 49% on 2024.

Commenting on the results, Donal Tierney, chief executive of Aurivo, said: “2025 was a year of stable, resilient performance and strong delivery for Aurivo’s member owners. Favourable growing conditions supported our highest-ever milk intake, while our continued focus on value-add growth, operational efficiency and disciplined capital investment helped Aurivo deliver a record financial performance.

“As the year progressed, market conditions became more challenging, particularly in the final quarter as global milk supply outpaced demand. Notwithstanding those headwinds, Aurivo’s strong business mix, sound balance sheet and clear strategic focus leave us well placed to continue delivering sustainable growth for our member owners in 2026.”

Raymond Barlow, chairman of Aurivo, commented: “The resilience and ambition shown by our suppliers throughout 2025 was reflected in milk intake rising to a record 544 million litres, while Aurivo maintained a competitive average milk price over the course of the year.

“Across the wider business, our teams continued to deliver strongly, while Aurivo remained focused on prudent management, ongoing investment and long-term resilience. That leaves the co-operative in a strong position to support our farmer members and continue building for the future.”

Consumer Foods: Aurivo Consumer Foods delivered a resilient performance in 2025, with revenues increasing by 4.0% to €164.6m (2024: €158.3m). Retail butter sales increased by 1% despite significant increases in recommended retail pricing, while branded milk volumes held up better than the wider market. Aurivo also paid the highest liquid milk premium in Ireland during the winter period.

Aurivo’s sports nutrition brand, For Goodness Shakes, delivered a standout performance during the year. A major recipe upgrade and brand refresh in the second half, together with the launch of Glow, helped drive more than 20% like-for-like growth in both volume and value in the final quarter across key customers.

Dairy Ingredients: Aurivo’s Dairy Ingredients business increased revenues by 8.3% to €313.7m in 2025 (2024: €289.6m). The business remained focused on maximising returns for suppliers through operational excellence, customer service, product mix optimisation and value-add growth, particularly in protein markets and new export regions.

Aurivo welcomed 14 new entrant milk suppliers during the year and also continued to support farm family succession planning through clinics held in Sligo, Tuam and Letterkenny in partnership with IFAC and the Land Mobility Programme.

Agri Business: Aurivo Agri Business delivered a strong operational and financial performance in 2025, with revenues increasing by 8.5% to €173.5m (2024: €159.9m) and transaction growth of 3% during the year.

Investment continued across Aurivo’s retail and agriservice footprint, including the opening of the new Longford location, garden centre upgrades and a broader store redevelopment programme. Commercial performance remained robust across core categories, with strong fertiliser sales and the highest feed production and sales in Aurivo’s history.

Livestock Marts: Aurivo’s Livestock Marts business delivered a record year in 2025, with turnover rising by 38.4% to €162.4m (2024: €117.3m). The performance was driven by historically strong cattle prices, with average cattle prices increasing by 49% on 2024.

Throughput patterns were mixed over the year. The first half increased by 4%, while the second half declined by 4% in line with national trends. Overall, cattle throughput finished at just over 76,000, down 4% on 2024, while sheep throughput finished at 75,000, down 9%.

Strategic Partnership: Aurivo recently announced an all-island strategic partnership with Dale Farm, marking an important step in its strategy to drive growth, competitiveness and long-term value creation. Building on a strong working relationship over the past five years, the partnership will initially focus on projects including byproduct utilisation and added value protein, with both co-operatives aiming to maximise synergies, enhance processing efficiency and improve market returns for farmers, shareholders and the wider dairy sector.

Sustainability: Aurivo remains committed to delivering sustainable growth for our member owners, balancing operational excellence with environmental responsibility and evolving customer requirements. Since 2018 we have cut Scope 1 and 2 emissions by 20%. During the year, Aurivo continued to upgrade its fleet with lower carbon and more efficient vehicles, the co-op invested in enhanced metering and monitoring technology across its three manufacturing sites and continued to identify efficiency and energy optimisation opportunities across the business.

Outlook: Looking ahead, Aurivo expects the volatility that emerged in late 2025 to persist through 2026, alongside rising compliance costs and broader geopolitical and trade uncertainty. Softer dairy markets, input-cost pressures and tighter livestock supply are likely to remain key features of the trading environment.

However, Aurivo’s strong strategic and financial position provides a sound basis for ongoing sustainable growth, with the co-operative remaining focused on maximising returns for member owners and investing in long-term resilience.