Milk business loses FD
National Milk Records FD Chris Hughes resigns
THE UK’s largest supplier of record keeping services to milk produces has lost it s finance director as of today.
Chris Hughes, the FD at National Milk Record (NMR), resigned as of 30 September. The company said in a statement that it had appointed a consultant to search for a replacement.
In July the company revealed that group turnover had risen from £15.8m in 2010 to £16.8m this year. However, the results also showed that profits had fallen from £548,000 to £463,000 over the year. The company announced a 2p per share dividend.
Part of NMR’s business includes testing the quality of more than 95% of the milk produced in the UK.