First Milk Reports “Competitive returns to its members and tangible progress on its regenerative farming agenda”.

28 August 2025 – British farmer-owned dairy co-operative First Milk has reported a 20% rise in turnover to £570 million for the year ending 31 March 2025, boosted by the acquisition of BV Dairy and strong demand for high quality protein rich and gut health dairy products. 

Operating profit rose to £20.5 million, with the business maintaining stable debt levels and investing in its processing sites in the Lake District and Pembrokeshire.

The co-op also expanded its regenerative farming programme to nearly 90,000 hectares, cutting carbon intensity and increasing soil carbon capture. While overall emissions rose due to increased production, First Milk now uses 100% renewable electricity and sends zero waste to landfill.

CEO Shelagh Hancock said the year marked strong progress “in delivering returns for members while supporting customers’ sustainability goals.”