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Excellent Preliminary Results For Dairy Crest

18 May 2010

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



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