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Tag "First Milk"

First Milk Cuts Milk Price

    First Milk Cuts Milk Price

Due to declining returns from customers in the liquid market, British dairy co-operative First Milk has announced that it has no option but to reduce its liquid and balancing milk prices from 1st August. Its liquid pool price will reduce by 1.7ppl and its balancing pool price will reduce by 0.9ppl. Despite growing market pressure […]

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Sale of Wiseman Stake Lifts First Milk

    Sale of Wiseman Stake Lifts First Milk

UK dairy co-operative First Milk has delivered a robust performance and solid financial results for the year to 31 March 2012. Pre-tax profits increased from £7.2 million in 2011 to £13.3 million but £9.6 million of this figure relates to the profit made on the sale of First Milk’s shareholding in Robert Wiseman Dairies, which […]

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First Milk Acquires Sports Nutrition Business

    First Milk Acquires Sports Nutrition Business

UK dairy co-operative First Milk has taken another step into the premium functional food sector with the acquisition of sports nutrition company CNP Professional for an undisclosed sum. CNP Professional is headquartered in Manchester where it markets and sells a broad range of quality products for the sports nutrition market. Its products are targeted at […]

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First Milk Progress Funds Dividend Payment

    First Milk Progress Funds Dividend Payment

As a result of the margin made on a number of business activities, including efficiencies gained from investment in its manufacturing sites and supply chain, UK dairy co-operative First Milk will pay a dividend to members in April. An average 1 million litre producer will receive a dividend of £900, and this comes on top […]

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Green Light For First Milk’s Cheese Packing and Storage Centre of Excellence

    Green Light For First Milk’s Cheese Packing and Storage Centre of Excellence

UK dairy co-operative First Milk has received planning approval to redevelop its cheese packing site at Maelor near Wrexham, to create a UK centre of excellence for cheese packing and storage. As well as the redesign and rebuild of First Milk’s cheese packing operation, Grocontinental, one of the UK’s leading storage and distribution companies, has […]

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First Milk Unveils Revised Plan For New Scottish Creamery

    First Milk Unveils Revised Plan For New Scottish Creamery

UK dairy co-operative First Milk is to receive £2 million funding from the Scottish Government towards the cost of installing a brand new cheese-making facility at the company’s existing site in Campbeltown on the Mull of Kintyre. This secures the future of 38 dairy farms and 100 jobs on the Scottish peninsula.
The new factory will […]

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Fonterra and First Milk Form Whey Joint Venture

    Fonterra and First Milk Form Whey Joint Venture

New Zealand-based Fonterra and UK-based First Milk have established a strategic joint venture to produce premium whey proteins for Fonterra’s growing food ingredients business. The two dairy farmer co-operatives will combine their intellectual property and industry expertise to add value to the whey streams at First Milk’s Lake District creamery in Cumbria, England.
 
First Milk supplies […]

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Solid Performance By First Milk

    Solid Performance By First Milk

Despite the challenging economic conditions, UK dairy co-operative First Milk has managed to increase pre-tax profits from £360,000 to £7.2m and turnover by 7% to £573m for the year ended March 31st 2011
The milk prices paid by First Milk to producers also increased significantly during the year. The standard litre liquid pool price increased by […]

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First Milk Expands With Kingdom Acquisition

    First Milk Expands With Kingdom Acquisition

Dairy co-operative First Milk has purchased Kingdom Cheese and Kingdom Dairies, both based in Fife in Scotland, in a move that strengthens its presence in the UK and international cheese markets. The acquisition means that, in addition to producing a comprehensive range of award-winning cheddars, First Milk will now be able to offer its customers […]

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First Milk Signs Export Deal With Eilers and Wheeler

    First Milk Signs Export Deal With Eilers and Wheeler

First Milk, the largest dairy farmer-owned business in the UK, has set up a strategic alliance with Eilers and Wheeler, one of Europe’s most established suppliers of dairy products. Under the new arrangement, Eilers and Wheeler will be First Milk’s preferred partner for export sales of cheese and packet butter.
“Currently world markets are providing strong […]

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Arla Foods UK to Consolidate Butter Production at Westbury Dairies

    Arla Foods UK to Consolidate Butter Production at Westbury Dairies

Arla Foods UK, the British subsidiary of Scandinavian dairy co-operative Arla Foods, is to manufacture retail packet butter at Westbury Dairies, from August 2011. The move follows the announcement in September that Arla Foods UK was to become a shareholder with UK dairy co-operatives First Milk and Milk Link in Westbury Dairies.
All three parties have […]

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First Milk Returns to the Black

    First Milk Returns to the Black

UK dairy co-operative First Milk has reported profit before tax of £3.2m for the six months period ended September 30th 2010, recovering from a loss of £9m in the first half of last year. Similarly, operating profit increased by £11.8m to £3.8m as improvements were achieved across the group’s various businesses, and turnover rose by […]

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New First Milk Creamery Moves a Step Closer

    New First Milk Creamery Moves a Step Closer

First Milk’s plans to build a state-of-the-art creamery at Campbeltown in Scotland have moved a step forward after Argyll & Bute Council approved a planning proposal for a new Tesco store. The Tesco store will be built on the site of First Milk’s existing creamery at Campbeltown, allowing the UK dairy farmers’ co-operate to relocate […]

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Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

    Arla Foods UK Becomes Minority Shareholder in Westbury Dairies

British dairy co-operatives First Milk and Milk Link have agreed terms for Arla Foods UK, the British arm of Scandinavian co-op Arla Foods, to become a shareholder in Westbury Dairies, the joint venture company that operates the UK’s most modern skimmed milk powder and bulk butter production facility located in Westbury, Wiltshire.  First Milk and […]

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First Milk Back in the Black

    First Milk Back in the Black

First Milk has returned to the black in the year ended March 31st 2010 with a positive £10.3m swing in pre-tax profitability to end the year with a profit of £0.4m as the UK dairy co-operative systematically reduced its cost base and improved efficiencies throughout the business. Group turnover declined 8% to £536m, reflecting the […]

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First Milk and Morrisons to Reduce Energy Consumption on British Farms

    First Milk and Morrisons to Reduce Energy Consumption on British Farms

First Milk, the UK’s largest farmer-owned dairy business, and Morrisons supermarkets have set up a strategic partnership to improve sustainability throughout the British cheese supply chain. The initial step for the partnership has been to work with a group of First Milk’s dairy farmers in Ayrshire on projects that can boost efficiencies on farm. After […]

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£320 Million Capital Investment by UK Dairy Processors

Although 2009 was a tough year for UK dairy processors, the market fundamentals remain sound and reflecting this confidence in the long-term outlook, capital investment projects worth over £320 million are currently ongoing or just recently completed within the industry.
Encompassing liquid milk, cheese, yoghurts and chilled desserts, yellow fats (butter, spreads and margarine) and cream, […]

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