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Tag "Mark Allen"

Dairies Business Behind Loss at Dairy Crest

    Dairies Business Behind Loss at Dairy Crest

Although revenue increased, due to strong growth in its Foods business, and group operating profits levels were maintained, UK dairy group Dairy Crest has reported a pre-tax loss of £10.1

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Dairy Crest to Close Two Liquid Milk Dairies

    Dairy Crest to Close Two Liquid Milk Dairies

Dairy Crest is proposing to close two dairies as part of its long term plan to reduce costs and sustain profitability at its liquid milk business. Dairy Crest is entering

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Dairy Crest Completes Debt Refinancing

    Dairy Crest Completes Debt Refinancing

Dairy Crest has successfully completed a debt refinancing by arranging a new bank facility that will mature in October 2016 and by raising additional debt private placement. In total, including

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Dairy Crest Meeting Expectations

    Dairy Crest Meeting Expectations

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

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Dairy Crest Strengthens Spreads Business

    Dairy Crest Strengthens Spreads Business

UK dairy group Dairy Crest has strengthened its spreads business with the £13m acquisition of MH Foods, which manufactures healthy ‘one calorie’ spray cooking oils and salad dressings. “It has

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Dairy Crest Eyes Yoghurt Market

    Dairy Crest Eyes Yoghurt Market

UK dairy group Dairy Crest is reported to planning to move into the £1.2b yoghurt market either through developing its own business or by acquisition. Dairy Crest had been a

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Dairy Crest Well Placed to Face Challenges Ahead

    Dairy Crest Well Placed to Face Challenges Ahead

Although turnover slipped by 2% to £1.61b for year ended March 31st 2011, Dairy Crest managed to increase adjusted profit before tax by 5% to £87.6m in challenging trading conditions.

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Dairy Crest to Embark on Further £20 Million Cost Reduction Programme

    Dairy Crest to Embark on Further £20 Million Cost Reduction Programme

Dairy Crest is planning a further £20m cost reduction programme for its next financial year to help offset increasing input costs. The UK dairy group’s cost reduction programme in its

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Solid First Half by Dairy Crest

    Solid First Half by Dairy Crest

Dairy Crest has performed solidly during the first six months of the year, benefiting from being a broadly based dairy business with strong brands. Adjusted profit before tax (before exceptional

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Solid Start to the Year by Dairy Crest

    Solid Start to the Year by Dairy Crest

Dairy Crest has reported that it has started the year well and trading in the first quarter has been in line with expectations, as the UK dairy group continues to

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