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Profit and sales up at Ballygarvey Eggs

picture of laying hens

BALLYGARVEY EGGS grew its turnover to £31m in its latest financial accounts, up from £26.8m the year before.

The Northern Ireland egg producer and wholesaler also increased pre-tax profits to £4.5m in the year to 30 September 2019, up from £3.3m in the previous period.

See also: Poultry and egg sales rocket as shoppers stockpile

Directors said that the company had once again grown turnover and “despite the competitiveness of the market, achieved an increase in margin”.

The Ballymena company sells eggs under the Big and Fresh brand and offers both colony and free-range eggs.

Risks

“The key risks to the business arise from competition from other producers, fluctuation in meal and egg prices and disease outbreaks among poultry flocks,” the directors’ report continues.

“The directors consider that the scale of the company’s operation, combined with the careful control of costs, overheads and processes gives the company a significant advantage over its competitors.”