Glanbia paid Tipperary farmers €131 million for milk in 2020.
That was part of the company’s almost €1.1 billion in milk payments to farmers nationwide throughout last year.
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331 families supply milk to the company in Tipperary meaning the average paid per family was over €396,000.
For 2020 Glanbia recorded an increase in milk volume of 4.9% whilst total revenue for the company stood at €1.9 billion.