Excellent Preliminary Results For Dairy Crest
UK - Dairy Crest has announced that profits have increased by five per cent, whilst debt has fallen by £79m.Speaking to financial broadcaster Cantos.com, CEO Mark Allen underlines that these results "vindicate" his broad-based strategy.
"What you've seen in practice is a very, very good performance from our dairies business, profits have quadrupled, and that's helped ease our cheese business through what's been a difficult year for the cheese market. And spreads have had a good performance as well."
Mr Allen says Dairy Crest's five key brands all showed growth through the downturn and the milk&more online / door-to-door service has broken through the 250-thousand customer mark.
The interview and transcript are available now on http://www.cantos.com/company/Dairy%2BCrest/project/6414.
TheCattleSite News Desk