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Top 100: ‘Strong trading year’ for Moy Park as it heads up business list for 10th year in a row       


Justin Coleman

Justin Coleman

Justin Coleman

Moy Park says it’s had a strong trading year with profits “slightly” up at the end of 2020.

Speaking to Ulster Business as the firm topped the Top 100 Northern Ireland Companies list, with A&L Goodbody, for the 10th year in a row, director Justin Coleman said:

“Trading and demand is still strong for fresh British chicken,” told Ulster Business. “It’s a protein that is in demand.

“The mix and the channels are changing slightly. Retail is softening slightly, but QSR (quick service restaurants, food service, eating out is coming back. The total demand for chicken is probably the same, and in growth.”

And according to Moy Park director Justin Coleman, the next results, which cover 2020, are due to be improved upon again.

The company’s latest filed accounts put its turnover at £1.58bn, while it posted pre-tax profits of just over £70m, for the end of 2019.

Justin, who heads up agri-business and live production services, says the next accounts for 2020, which cover much of the period of Covid, are slightly ahead of the current results.

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“It was a strong trading year, all things considered… the overall performance was really good.”