NI pharma firm records nearly 1bn in revenue
Almac Group's Craigavon base

NI pharma firm records nearly 1bn in revenue

Almac Group in Craigavon has announced revenue of £958m in its latest results, though pre-tax profits have fallen slightly.

As Alex Keery reports, the pharmaceutical firm is now close to joining a set of other NI firms with 10-figure sales such as construction firm John Graham Holdings, poultry giant Moy Park Holdings, energy company LCC Group, commodities business W&R Barnett and wholesale and retail firm Henderson Group.

Alan Armstrong , Almac Group chairman and CEO, said: “We are a privately-owned and independent company, committed to re-investing all our profit back into the business.

"We continuously innovate and expand our business offerings, enabling us to support our clients while advancing human health.”

“Our valued global workforce is Almac’s greatest asset providing the foundation for our success.” – Alan Armstrong, Almac Group

Read more: NI pharma firm records nearly 1bn in revenue


Household spending on groceries has risen to an all-time high

Northern Ireland shoppers have spent £826,000 on fresh sausages in the last few months as they rushed to make the most of any barbecue-friendly weather, a report has said.

The recent improvement in the weather and the overdue emergence of some sunshine has resulted in a big start to barbecue season, according to market research company Kantar.

In the last 12 weeks, shoppers have shelled out £684k on chilled burgers and grills, Kantar said, along with £826,000 on fresh sausages, and £3.4m on beer and lager.

But it said the average annual household spend on groceries had risen to an all-time high of £5,602, up by £437.

Read more: NI spends nearly £1m on fresh sausages in BBQ rush


Holly Milne from Dromona (centre), with Helen Cridge and Patrick Cross from Biopax

NI grocers have enjoyed a night of celebration, with Dromona Cheddar the big winner at the 2024 Belfast Telegraph Grocer Marketing Awards.

The dairy company took home the most prestigious accolade at the Grocery Aid Grocers Ball which was held at the Culloden Hotel & Spa on May 24th.

Organised by key representatives from across the sector, the event is the industry’s premier night, and more than 370 people were in attendance for an evening of exquisite food, celebration and live entertainment, with an extensive range of prizes up for grabs – all for a fantastic cause.

Liam O'Connor , sales and marketing director at sponsors Biopax said: “Northern Ireland's food and drink sector, along with its supply chain, stands as a global model.

“The names in our food and drink industry warrant recognition for their dedicated efforts in transforming and revolutionising our food chain and this event stands as a source of pride for all involved.”

“The Northern Ireland food and drink sector is renowned for its excellence and we at the Belfast Telegraph are delighted to be part of a scheme like this which rewards and honours such exceptional quality.” - Eoin Brannigan , Belfast Telegraph and Sunday Life editor-in-chief

In pictures: NI dairy company the big winner at 2024 Belfast Telegraph Grocer Marketing Awards


Brothers Martin and Gary Small from Vietnamese Coffee Company in Belfast

If you’ve had Vietnamese coffee anywhere in the UK or Ireland, there’s a decent chance you’re indebted to the hard work of two west Belfast brothers who have made the Southeast Asian delicacy their speciality.

Gary and Martin Small run Vietnamese Coffee Company, a supplier of a variety of Vietnamese coffee blends sold to clients internationally.

The brothers, past pupils of De La Salle College in west Belfast, talk to James McNaney about how they have taken an indirect road to get where they are now.

“I think what really chimed with us was how basic it was,” Martin said, of their initial discovery of Vietnamese coffee while travelling.

“Things can be a little over-complicated, it can be very intimidating for people going into coffee shops. This was a coffee which everyone enjoyed, that was really straightforward.”

Read more: How brothers decided to import Vietnamese coffee to NI after taking redundancy


ICYMI: Our most-read business stories in the last week

NI hotel on verge of being sold as move branded a ‘very positive development’

Jet2 launches new winter sun route from Belfast

Caterer at renowned Co Down club was awarded one-star food hygiene rating

DeLorean mogul's daughter opens up on NI factory failure, legal battle over her name and the return of iconic car

Plans to build huge student housing block in ‘under-utilised area’ of Belfast city centre

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