Graham’s profits boosted by Skyr NPD as liquid milk sector struggles
Graham’s the Family Dairy has reported a “solid” annual performance with profits rising nearly 70% despite the ongoing challenges of the milk sector.
Annual sales rose 4.7% to £109m, driven by “significant” NPD and innovation with the business investing a total of £5.6m last year.
Successful NPD included the launch of Graham’s Skyr Yoghurt which to date remains the company’s best-performing new product launch.
In March 2019, the dairy also expanded its high-protein range with the introduction of it’s Goodness low-calorie ice creams and flavoured cottage cheese, receiving “unprecedented” customer interest.
Source: The Grocer


