First Milk members receive return on investment

Over the course of this financial year, First Milk has made significant progress and the business continues to improve its trading performance. Whilst milk price remains our main focus, this performance has provided us with the opportunity to pay out a return on our members’ investment in First Milk.

The return will be paid out with the January milk cheque at an annual interest rate of 3% for active and retired members.

Chairman Bill Mustoe, commented: As we have made moves to develop First Milk, a key aim for the Board and Executive team was that we start to establish a track record of regular returns on capital invested in the  business.  The purpose of a co-operative is to do the best for its members so we are paying this out now, rather than waiting until the year end as most organisations do, as its better off in your pocket, especially at this time of year.”