Dairy Crest - Interim Results Reflect Difficult Trading Environment
November 08 2012 - 3:11AM
PR Newswire (US)
Dairy Crest - Interim Results Reflect Difficult Trading Environment
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
Copyright 2012 PR Newswire