Oireachtas Joint and Select Committees

Tuesday, 16 October 2012

Joint Oireachtas Committee on Agriculture, Food and the Marine

Review of Food Harvest 2020 Strategy: Discussion (Resumed) with Irish Dairy Board and Bord Bia

2:45 pm

Mr. Joe O'Flynn:

In terms of turnover, the growth aspiration of achieving a 50% increase in output is realistic. As a business, we have the capability, working in close collaboration with our members, to deal with growth of this magnitude. Growth in turnover will be influenced to a significant extent by the speed of the increase in production. We certainly believe a 50% increase in our Irish turnover within a period of five years is realistic. Approximately 60% of our turnover is generated overseas and we have strong ambitions in terms of this growth.

Mr. Condon may wish to respond on the issue of volatility.