Dairy Crest - Full-Year Results Interview With CEO and FDBy Dairy Crest Plc, PRNE
Wednesday, May 18, 2011
LONDON, May 19, 2011 - UK dairy food group Dairy Crest today announced full-year profits were
up 5% while net debt had been reduced by GBP25m.
Speaking to financial broadcaster www.cantos.com, CEO Mark
Allen says he is pleased with the performance of all the key brands including
Clover, Country Life and St Hubert Omega 3.
"They're the brands that we invest in, in terms of innovation,
marketing spend, TV advertising etc. They've grown 7% this year… Most of
those brands have outperformed the market and we're delighted with that."
Mr Allen goes on to say the milk&more doorstep delivery
service is now generating sales of over a million pounds per week, and he
also highlights a new contract with Tesco after a six year wait to provide
milk to the UK's largest retailer. He re-iterates the company-wide focus on
innovation and cost-cutting, revealing GBP20m of savings have been made
during the year.
Alastair Murray, Finance Director, explains the story behind
the numbers in each of the key divisions and talks about the rise in
The interviews and transcript are available now on
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Tags: Dairy Crest Plc, London, May 19, United Kingdom