Kinisla, the dairy processor previously known as Kerry Dairy Ireland, has said it "delivered a strong performance" in 2025, in its first business review under its new name.

The business saw revenue of €1.4 billion, with earnings before interest, taxes, depreciation and amortisation (EBITDA) of €86.6 million, an increase of 7.5% compared to 2024.

Kinisla processed over 1.23 billion litres of milk in 2025, a 5.2% increase on 2024, and the business' third highest intake on record; with an average fat and protein content of that 2025 milk of 4.23% and 3.59% respectively.

The business said its average milk price payment for 2025 was 53.25c/L, for a total milk cheque payout of €659 million.

At the end of 2025, Kinisla had over 1,700 employees and over 2,600 milk suppliers.

Kinisla said its agribusiness division delivered a "powerful performance" in 2025, "underpinned by resilient milk supply, record milk constituents and a stand out year" across its retail network.

Pat Murphy, CEO of Kinisla, said: "2025 was a landmark year for Kinisla, marked by the successful return of majority ownership to Kerry Co-op.

"This milestone represented a significant moment in our history and was strongly welcomed by our farmers, employees, customers and wider stakeholder," he said.

Kinisla said its protein performance was particularly high, showing a significant uplift versus 2024 and prior years.

"This reflects continued progress at farm level in genetics, herd health, grassland management and overall system efficiency," Kinisla said.

According to the business, its retail network recorded its strongest year to date in revenue terms.

Fertiliser sales increased year-on-year, supported by favourable grass growing conditions and strong early season demand.

Feed sales were marginally lower than 2024, primarily due to improved weather conditions and reduced feeding rates, particularly in the first half of the year.

Kinisla said the continued improvement in milk constituents and overall system efficiency "reinforces our core principle that sustainability is best achieved through performance optimisation".

Ingredients

According to the business review, Dairy Ingredients and Nutritional Ingredients delivered "outstanding progress" in 2025, underpinned by "disciplined commercial execution, an enhanced value-added mix, and customer-centric innovation".

Dairy Ingredients came through a year shaped by strong global milk production and steady-to-moderate demand, which "regulated dairy ingredient prices", particularly in the second half of the year.

Even so, the portfolio maintained momentum through reliablesupply, mix optimisation and pricing discipline, Kinisla said.

Demand improved towards year-end as global buyers returned, particularly in Southeast Asia and the Middle East, with new customers for the business coming on board in the latter region in 2025.

Overall, the Dairy Ingredients business saw revenue growth of 4% in 2025.

According to the business review, the Dairy Ingredients range "demonstrated great operational agility" throughout the year.

Kinisla said its "disciplined, forward-looking approach" enabled it to manage price volatility; maintain supply reliability; and ensure the portfolio of dairy ingredients "continued to meetcustomer needs".

In Nutritional Ingredients, milk proteins and advanced protein fractions delivered a strong year, building on global demand for high protein dairy.

According to the business review, milk proteins delivered growth in excess of 20% in 2025.

Growth was also supported by customers seeking clean, sustainably-sourced dairy ingredients, Kinisla said.

Meanwhile, infant and clinical nutrition "continued to deliver impressive value" to customers worldwide.

Demineralised whey remained a reliable and preferred ingredient for major dairy manufacturers in the Asia-Pacific region.

Kinisla also said its cheese solutions portfolio "maintained solid customer satisfaction in the UK and EU markets", while speciality dairy continued to perform well.

In terms of the 2026 outlook for Dairy Ingredients and Nutritional Ingredients, Kinisla said it is beginning the year with "strong momentum, as customers increasingly seek natural, functional and sustainable dairy solutions across cheese and ingredientofferings, nutrition and taste".

The business said that demand is shifting toward cleaner labels, better functionality, value-optimised formulations andingredients that deliver consumer benefits.

"Sustainability continues to shape decision-making, withcustomers prioritising partners who offer transparentenvironmental progress, responsible sourcing, and datathey can trust," Kinisla said.

"Our complete portfolio is positioned to meet these expectations, helping customers create products that perform better, taste better and align with modern consumer values," the business added.

Consumer foods

Kinisla said its Dairy Consumer Foods business produced a strong performance, with the business delivering growing momentum in snacking.

Volume growth accelerated across all domestic markets in the UK and Ireland, with continued growth in international markets.

Across private-label butter spreads and cheese categories, the business said it recorded a solid year.

According to Kinisla's business review, its branded butter spreads and cheese portfolio in Britain and Ireland performed "robustly", maintaining its competitiveness and relevance in "a challenging market environment".

"Together, these 2025 achievements underscore the resilience and breadth of our portfolio, while creating clear momentum for sustained growth in the years ahead," the business said.