BusinessPeople In BusinessMilk business loses FD

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.

 

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