Belfast Telegraph

Moy Park tops list of Northern Ireland's big companies

 

By John Mulgrew

Chicken giant Moy Park has topped a list of Northern Ireland's top companies for the sixth year in a row. The Ulster Business Top 100 Companies list, with A&L Goodbody, also saw overall revenues posted by those rising by more than £300m to a combined £23.6bn.

Craigavon-based Moy Park, which has sites across the UK and Ireland, topped the list, posting turnover of £1.44bn in its latest set of accounts.

The company is headed by Janet McCollum, who was recently given the Lifetime Achievement Award at the Belfast Telegraph Business Awards in partnership with Ulster Bank.

Belfast's W&R Barnett, which is involved in a range of sectors including international commodity trading, storage and agri-business, came in second with turnover of £946m.

Overall, the top companies saw combined profits of £932.7m. That was up 16% on last year's list.

The performance of the businesses shows the "resilience and energy of Northern Ireland companies", according to David Elliott, editor of Ulster Business, a sister publication of the Belfast Telegraph.

"To have posted such a solid performance in light of the uncertainty created by Brexit and the stalemate at Stormont highlights the robustness of our biggest business," he said.

"They have concentrated on growing their businesses in the prevailing conditions and proved once again to have the talent and industry to compete with the best in the world."

Aside from Moy Park, manufacturing giants, including Bombardier and Newry's Glen Electric made the top 10, along with Caterpillar, which has sites in Larne and Belfast.

Speaking about topping the list, Ms McCollum, chief executive of Moy Park, said: "We're hugely excited to be named number one in the Ulster Business Top 100 Northern Ireland Companies listing, an achievement which is all down to our brilliant people."

Another agri-business, Co Tyrone red meat processor Dunbia, took third place.

New entrants included Fivemiletown-based clothing manufacturer Cooneen by Design, Carrickfergus engineering company Ryobi Aluminium Casting and Ballymena meat processor Cranswick Country Foods. The latter was previously part of Dunbia's business, but was sold off to English firm Cranswick in 2016.

Mark Thompson, head of Belfast Office at A&L Goodbody, said: "Yet again each of the companies has made a hugely significant contribution to the Northern Ireland economy over the past 12 months.

"They have created hundreds of new jobs and supported many thousands more."

The full list of companies is available in the August edition of Ulster Business.

annual turnover posted by the Craigavon-based company in its latest set of accounts

Belfast Telegraph

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