FDBusiness.com

Dairy Crest Meeting Expectations

 Breaking News
  • Danish Crown Presents its New Brand Identity Farmer-owned Danish Crown is setting a new direction towards a more sustainable future from farm to fork. A new brand and narrative will make it clearer to customers and consumers that Danish Crown has started this transformation. At the same time, Tulip Food Company is to change its name to Danish Crown Foods. Danish Crown plans [...]...
  • Lantmännen and Yara Lead the Way Towards World’s First Fossil Free Food Chain Lantmännen, the Nordic region’s leader in agriculture, machinery, bioenergy and food products, and Yara, thespecialist in agricultural products and environmental protection agents, are taking a pioneering role in the transformation of the food system. The partners will launch a pilot project with the ambition to introduce the world’s first certified fossil free food chain. This move [...]...
  • High Quality Content Sees Packaging Innovations London Break Records Packaging Innovations and Luxury Packaging London celebrated its 10th anniversary with standout show content. This included launching three brand-new features, advancing the sustainability debate with a focus on plastic alternatives, and welcoming more exhibitors than ever before. As a result, the show, which returned to London Olympia recently, boasted a nine percent increase in visitor numbers, with more than 4,700 [...]...
  • Nestlé Inaugurates Packaging Research Institute Nestlé has officially inaugurated the Institute of Packaging Sciences, the first-of-its-kind in the food industry. The new Institute enables Nestlé to accelerate its efforts to bring functional, safe and environmentally friendly packaging solutions to the market and to address the global challenge of plastic packaging waste. Mark Schneider, Nestlé CEO, comments: “Our vision is a world [...]...
  • Three Meals a Day – The Key to Boosting Digestive Health Markets? The traditional pattern of breakfast, lunch and dinner may hold the key to boosting digestive health markets, according to Kerry Group, the makers of the leading probiotic, GanedenBC30®. A new GanedenBC30 report notes that 85% of consumers say they are interested in buying products with digestive health benefits, but only 45% actually do.1 Additional insights report on key [...]...

Dairy Crest Meeting Expectations

Dairy Crest Meeting Expectations
September 20
09:21 2011

Operational efficiencies and selling price increases have allowed Dairy Crest to broadly offset higher input costs during its first half trading period ending September 30th 2011. Trading has been in line with expectations and higher property profits will result in overall profits for the first half being slightly ahead of the same period last year.

 

The broad based UK dairy group is continuing with its successful strategy to build added value sales and make efficiency improvements across the business. Despite the pressure on consumers’ disposable incomes, sales of its five key brands (Cathedral City, Country Life, Clover, St Hubert Omega 3 and Frijj) in total have continued to increase, although volumes of these brands will be lower than in the same period last year.

 

Mark Allen, chief executive of Dairy Crest.

Innovation remains an important part of group strategy and Dairy Crest has completed the development of four exciting new products during the period. In the UK it has launched ‘Chedds’, a range of three new children’s cheese snacks and ‘The Incredible’, three new premium flavours for its branded milk shake Frijj. In France Dairy Crest has launched a newSt Hubert non-dairy cream and is about to launch a new spread that contains seeds.

 

Mark Allen, chief executive of Dairy Crest, comments: “In the first half our broad base, high quality brands and ongoing cost saving measures have allowed us to balance the conflicting demands of increased input costs and subdued consumer spending. At the same time we are investing for the future, with new products and upgraded facilities. Overall we remain confident of delivering full year profits in line with our expectations.”

About Author

colin

colin

Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 1, 2019PPMA Total Show
  • October 17, 2019Future Food-Tech
  • November 18, 2019Plastics Caps and Closures Conference 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements