Dairy Crest - Interim Results Reflect Difficult Trading Environment

SYS-CON MEDIA Authors: Wayne Ariola, Nicole Gorman, RealWire News Distribution

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Dairy Crest - Interim Results Reflect Difficult Trading Environment

By PR Newswire	Article Rating:
November 8, 2012 03:13 AM EST	Reads:	171

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LONDON, November 8, 2012 /PRNewswire/ --

In a video interview today, Dairy Crest CEO Mark Allen acknowledged that the reduction of profits in the Dairy division were responsible for lower underlying normalised profit numbers.

After a busy first half, Allen says the business is now on target to reach a 3% return on sales.

Finance Director, Alastair Murray added: "This year we will have taken about £23m out of the business to get a more efficient supply chain and we're going to continue to have targets like that in future years."

The interview and transcript are available now on http://www.cantos.com/company/DairyCrest.

MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email prnsupport@merchantcantos.com or phone +44-207-936-1352.

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