In the spotlight: Liquid milk proves sour spot for UK dairies
By: Katy Askew | 20 May 2011
Two of the UK's largest dairy companies - Robert Wiseman Dairies and Dairy Crest - delivered their annual results this week and a comparison between the two makes for some interesting reading. Robert Wiseman reported a near 30% plunge in profits as its liquid milk business was hit by poor trading conditions, while Dairy Crest showed the benefits of being a broad-based dairy firm, delivering a 5% increase in profits. Katy Humphries takes a closer look.
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Two of the UK's largest dairy companies - Robert Wiseman Dairies and Dairy Crest - delivered their annual results this week and a comparison between the two makes for some interesting reading. Robert Wiseman reported a near 30% plunge in profits as its liquid milk business was hit by poor trading conditions, while Dairy Crest showed the benefits of being a broad-based dairy firm, delivering a 5% increase in profits. Katy Humphries takes a closer look.
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UPDATE: UK: Wiseman targets lactose intolerant with A2 Corp. JV
Robert Wiseman Dairies has today (14 November) established a joint venture company with milk firm A2 Corp.
UK: Wiseman H1 profits down
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