Tirlan EIA Summary Report 22 05 2023

Summary report

Executive Summary

Tirlán had total revenues of €3,058m in 2022 with a resultant total economic output of €5,490m.

This figure captures the trading impact of the Tirlán business and does not include the impact of Capex in 2022.

Tirlán supported 19,210 FTE jobs in 2022 across the Irish economy.

Tirlán employed 2,230 employees in 2022, and directly supported 6,730 jobs on dairy and grain farms across the Republic of Ireland.

This figure excludes the jobs supported by Tirlán's Capex in 2022.

Tirlán’s generated €1,980m additional value in the Irish economy.

This figure does not include the value added from Tirlán’s capex in 2022.

Tirlán's capital expenditure in 2022 was €90m, which generated an additional €69m in output.

This capex spending contributed €57m to GVA, and generated €13.1m in Exchequer revenue.

Tirlán’s Capex supported 910 FTE jobs in 2022.

Tirlán’s capex supported employment primarily in the construction and manufacturing sectors.

Executive summary

This report reports our analysis and findings on Tirlán's Agribusiness, Consumer and Ingredients to assess the total impact of Tirlán.

This report is based on revenues generated in 2022. 2022 was a milestone year for the dairy industry with record global and Irish prices.

We have also calculated impact of the capital spend on maintaining and enhancing the Tirlán production facilities. The impact of Tirlán in 2022 is as follows:

Summary of Tirlán in Ireland

€3bn Sales revenue in 2022

2,230

Tirlán employees* in 2022

*As of 1 April

3.2bn

100 Countries

Litre milk pool Global footprint of Tirlán’s exports Over

~5,340 Irish farms support Tirlán’s operations

*Some figures may not add due to rounding

19,200 Irish jobs supported by Tirlán's operations