In the spotlight: Dairy Crest firm on pricing as it looks to cap costs
By Katy Askew | 18 July 2012
Dairy Crest has insisted it will not consider reversing cuts to the price it pays farmers for milk as it struggles to return its dairies division to an "acceptable" level of profitability. While challenges in the liquid milk market and the collapse of bulk cream prices mean the company has its work cut out, careful margin management looks set to result in improved results as the year progresses. Katy Askew reports.
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Dairy Crest has insisted it will not consider reversing cuts to the price it pays farmers for milk as it struggles to return its dairies division to an "acceptable" level of profitability. While challenges in the liquid milk market and the collapse of bulk cream prices mean the company has its work cut out, careful margin management looks set to result in improved results as the year progresses. Katy Askew reports.
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