"Farmers Journal" owner reports growth

AGRICULTURAL Trust, publishers of the Irish Farmers Journal, has reported strong growth in the year to June 1995, with the trust…

AGRICULTURAL Trust, publishers of the Irish Farmers Journal, has reported strong growth in the year to June 1995, with the trust's surplus increasing from £125,000 to £316,000.

Last year, the trust also paid grants to the agricultural sector totalling £172,000 compared to £71,000 in grants the previous year. As a trust set up for the benefit of Irish agriculture, Agriculture Trust distributes a portion of its annual surplus to support research and the long term development of the sector.

Turnover increased from £4.7 million to £5.4 million. Agriculture Trust has a 6 per cent shareholding in the Radio Ireland consortium which this week was granted the new national radio licence by the Independent Radio and Television Commission.