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Glenilen targets 8pc boost in revenues

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Alan and Valerie Kingston

Alan and Valerie Kingston

Alan and Valerie Kingston

One of Ireland's largest independent yogurt producers, the award-winning Glenilen Farm, last year recorded €5m in revenues.

The west Cork-based business is seeking to increase revenues by 8pc, to €5.45m, this year.

The family-run business was established by husband and wife duo Alan and Valerie Kingston in 1997 on Mr Kingston's eighth-generation dairy farm in Drimoleague, Co Cork, and has grown from a team of two to 40 people over the past 23 years.

Mr Kingston said: "In 2019, Glenilen Farm sold 1.2 million yogurt jars in the UK.

"Twenty-one percent of our 2019 turnover was from our UK-based business, and we hope to see that increase to 25pc of overall turnover in 2020, propelled by our glass jar yogurt range, which has proven very popular in the UK retail and food service market, and has seen sales grow by 50pc in Sainsbury's year on year." 

The Glenilen Farm portfolio spans 50 different products. Mr Kingston added: "There is still a lot of uncertainty around Brexit. However, what we do know is that the UK market will always be Ireland's nearest neighbour and so the two countries will continue to depend on each other."  

The venture started off as a hobby in 1996.

Accumulated profits at the firm at the end of December 2018 totalled €1m. 

The €108,220 profit for 2018 takes into account non-cash depreciation costs of €209,540.

Irish Independent