Lakeland Dairies has seen its revenues reach record levels after a 5.7 per cent increase last year.
The local dairy now has overall revenues of €1.09 billion, up by almost €60 million.
Profits rose by 27 per cent to €26 million.
Results for 2020 show the foodservice division was the only one to record a drop - down 24 per cent due to the impact of lockdowns on restaurants, cafés and other services.
Revenue across Lakeland's other three divisions, food ingredients, consumer foods and agribusiness, all saw increases.
Group CEO Michael Hanley says Lakeland Dairies "made strong progress" across its operations in 2020, despite the challenges with logistics and commercial constraints.
Speaking to Shannonside Northern Sound, he said there have been further consolidations between Lakeland and LacPatrick Dairies since their merger in 2019:
