Dairy Crest Celebrates 20 Years as a Listed Company

 Breaking News
  • Scottish Food and Drink Exports Hit Record £6 Billion Overseas Scottish food and drink exports were worth approximately £6 billion in 2017 – almost £570 million more than 2016. Food exports were valued at about £1.6 billion – a rise of 15% (£214 million) during the same period. Exports of food to Europe were worth £1.1 billion after an increase of 13%, or £125 [...]...
  • UK Casual Dining Contraction is Independents’ Opportunity With casual dining brands closing sites and scaling back expansion in the UK, well-run independent operators have an opportunity to take back market share, says buying specialist Lynx Purchasing. Operators who do their homework on the eating-out market, including implementing strong buying disciplines, can broaden their customer appeal, says Lynx Purchasing managing director Rachel Dobson. “Since the [...]...
  • AAK UK Opens First Customer Innovation Centre AAK UK has opened a new Customer Innovation Centre in Hull to take its co-development work with leading food brands to new levels of success. AAK, the UK’s leading manufacturer and supplier of edible oils, fats and semi-speciality oil ingredients, works in close partnership with some of the most famous names in food and bakery to [...]...
  • Marks and Spencer Selects Zetes to Transform Food Supply Chain Operations Marks and Spencer (M&S) has selected Zetes to help transform visibility and fulfilment across its fresh food supply chain. The partnership will also see greater collaboration between M&S and its food suppliers via Zetes’ supply chain visibility platform, ZetesOlympus. Through ZetesOlympus, M&S will gain real-time fulfilment performance insight across its fresh food supply chain. The platform will help M&S [...]...
  • Guinness Remains Ireland’s Most Valuable Brand at €2.1 Billion Guinness remains Ireland’s most valuable brand after growing by 5% over the last year to a brand value of €2.1 billion on the back of new product innovations and steady sales of the world-famous draught, according to the latest report by Brand Finance, the world’s leading independent brand valuation and strategy consultancy. Guinness’s brand value has [...]...

Dairy Crest Celebrates 20 Years as a Listed Company

Dairy Crest Celebrates 20 Years as a Listed Company
September 01
11:58 2016

British dairy group Dairy Crest is celebrating its 20th year as a public company. Since it was originally floated in 1996, Dairy Crest has evolved from a supply-driven, commoditised business to a lean, branded and added value business. Today’s business has industry-leading margins and derives nearly all of its income from its market-leading brands and added value products, including the nation’s favourite cheese brand Cathedral City. Having grown from retail sales of just £12 million in 1996 to almost £300 million today, Cathedral City is a great British success story.

Mark Allen, chief executive of Dairy Crest, says: “I’m very proud that twenty years on from our original listing, Dairy Crest continues to thrive as a listed British dairy company. During that period we have adapted and taken bold decisions to transform the business and ensure that our future prospects are more exciting than ever. Our strategy of de-risking the business and pursuing sales in branded and added value markets continues to work. Our market-leading brands and growing presence in new, high growth markets through our infant formula business will underpin future growth and attractive returns for shareholders.”

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here