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From the Wires
Dairy Crest - Interim Results Reflect Difficult Trading Environment
By: PR Newswire
Nov. 8, 2012 03:13 AM
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. SOURCE Dairy Crest PLC
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