At their respective SGMs held this afternoon, shareholders of dairy processing co-operatives Lakeland Dairies and LacPatrick Dairies have voted resoundingly in favour of the merger of both Societies. Lakeland shareholders met in Cavan and LacPatrick shareholders met in Cookstown, Co. Tyrone.
Lakeland Dairies has reported strong financial results for the year ended 31st December 2017, with group annual revenues increasing by 33% to £683m, up from £514.6m in 2016. This yielded an operating profit of £14.9m, compared to £6.2m in 2016.
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