Dairy Crest profit hurt by milk business

Cathedral City cheese maker Dairy Crest said first half profits fell 16 per cent as its milk business continues to struggle.

Cathedral City cheese maker Dairy Crest said first half profits fell 16 per cent as its milk business continues to struggle.

The group said adjusted pre-tax profit fell to £19.1m for the six months ended September 30th from £22.7m the same time a year earlier. Revenue for the period fell to £688.2m from £739.1m before.

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