Cheese and milk producer Dairy Crest served up a robust set of half year figures and issued an upbeat full year outlook as it offset higher input costs with increased selling prices.
The Cathedral Cheese maker said adjusted pre-tax profit rose 9% to £43.7m in the six months ended 30 September 2011 as higher profits in Spreads and Cheese offset lower Dairies profits. Revenue increased 2% to £796.2m. Milk&more weekly sales rose to £1.2m.
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