( ! ) Notice: Undefined index: email in /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php on line 65
Call Stack
#
Time
Memory
Function
Location
1
0.0001
372984
{main}( )
.../2024-article.php:0
( ! ) Notice: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' in /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php on line 68
Call Stack
#
Time
Memory
Function
Location
1
0.0001
372984
{main}( )
.../2024-article.php:0
( ! ) Notice: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' in /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php on line 68
Call Stack
#
Time
Memory
Function
Location
1
0.0001
372984
{main}( )
.../2024-article.php:0
( ! ) Notice: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' in /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php on line 72
Call Stack
#
Time
Memory
Function
Location
1
0.0001
372984
{main}( )
.../2024-article.php:0
( ! ) Warning: preg_match(): Delimiter must not be alphanumeric or backslash in /ns02/www/vhosts/www3.farmersjournal.ie/includes/globals.php on line 401
( ! ) Warning: Cannot modify header information - headers already sent by (output started at /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php:72) in /ns02/www/vhosts/www3.farmersjournal.ie/2024-article.php on line 227
It was with some amusement and surprise that we read Lorcan Roche Kelly’s article referencing a recently filed auditor’s report of ABP Foods Unlimited Company. For the record, ABP Foods Unlimited Company is an insignificant and non-trading entity used for internal administration purposes and has no bearing on the day-to-day trading operations of the ABP Food Group. The main trading company in Ireland, Anglo Beef Processors Ireland UC, as noted in its auditor’s report which was filed with the Companies Registration Office on the same day as the ABP Foods Unlimited Company filing, was profitable and KPMG reported an unqualified audit opinion. The same can be said for the filings made in respect of both Slaney Foods and Irish Country Meats.
We are not in the habit of commenting on our financial performance but on this occasion, we would like to state, for the record, that across the 70-year history of ABP, an annual loss has been recorded on just one occasion. That was in 1990, as a result of the withdrawal of Export Credit Insurance, the Iraqi invasion of Kuwait and the Gulf War.
ABP is the largest route to market for Irish beef and lamb from Irish farmers. ABP pioneered ‘Pay on the Day’ for farmers across Europe and maintains a very strong, industry leading and highly liquid balance sheet and will do so well into the future.
If we were asked, prior to publication, we would have provided the relevant information.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access for 30 days.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
DEAR EDITOR,
It was with some amusement and surprise that we read Lorcan Roche Kelly’s article referencing a recently filed auditor’s report of ABP Foods Unlimited Company. For the record, ABP Foods Unlimited Company is an insignificant and non-trading entity used for internal administration purposes and has no bearing on the day-to-day trading operations of the ABP Food Group. The main trading company in Ireland, Anglo Beef Processors Ireland UC, as noted in its auditor’s report which was filed with the Companies Registration Office on the same day as the ABP Foods Unlimited Company filing, was profitable and KPMG reported an unqualified audit opinion. The same can be said for the filings made in respect of both Slaney Foods and Irish Country Meats.
We are not in the habit of commenting on our financial performance but on this occasion, we would like to state, for the record, that across the 70-year history of ABP, an annual loss has been recorded on just one occasion. That was in 1990, as a result of the withdrawal of Export Credit Insurance, the Iraqi invasion of Kuwait and the Gulf War.
ABP is the largest route to market for Irish beef and lamb from Irish farmers. ABP pioneered ‘Pay on the Day’ for farmers across Europe and maintains a very strong, industry leading and highly liquid balance sheet and will do so well into the future.
If we were asked, prior to publication, we would have provided the relevant information.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS