Crediton Dairy: A Leading Force in the Dairy Industry

Company Name: Crediton Dairy

Location: Crediton, United Kingdom

Financial Performance

Crediton Dairy reported a turnover of £131.3 million, an increase from £111.3 million in the previous year, driven by rising sales of extended shelf life products and increased cream prices. The company's profit also saw an upturn, reaching £10.4 million compared to £9 million in the previous year. However, the profit fell to £7 million in the year ending 3 January.

Market Position and Production Capacity

Holding significant shares in the long life milk and iced coffee markets, with 26% and 27% respectively, Crediton Dairy has established itself as a key player. The company boasts a processing capacity of 200 million litres annually and employs a workforce of 220 staff.

Key Events and Investments

Since the Management Buy Out in 2013, Crediton Dairy has invested £44.9 million into its development, enhancing processing capabilities and wastewater treatment facilities. These initiatives demonstrate the company's commitment to sustainable growth and operational efficiency. Capital spending in 2025 amounted to a further £3.2 million, including projects to expand processing and filling capacity.

Future Plans

Looking ahead, Crediton Dairy is focused on expanding its product offerings and strengthening its market position. The company is poised to further increase its processing capabilities and explore new opportunities in the dairy sector.

The Devon-based business, owning the Arctic Coffee and Pro Mlk brands, benefits from increasing milk volumes supported by favorable spring conditions for feed. Greater milk availability across Europe has impacted returns from cream and lowered the price paid for milk at farm level.