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Dairy Crest puts FoodTec under reviewUK: Dairy Crest reviewing options for FoodTec unit

21 March 2014

Dairy Crest has put its FoodTec UK ingredients business under review and is "considering options" for the unit.

IRELAND: Competition Authority to investigate Wexford sale to Glanbia

6 March 2014

The Competition Authority of Ireland is to launch a full investigation into Glanbia's proposed acquisition of Wexford Creamery.

UK: Depot sale to boost Dairy Crest profits

31 January 2014

Dairy Crest has said the sale of its Nine Elms milk depot will mean its full-year profits are likely to come in ahead of expectations despite a weaker-than-anticipated performance from spreads.

UK: Dairy Crest to close Proper Welsh Milk dairy

10 December 2013

Dairy Crest has announced plans to close its Proper Welsh Milk dairy just nine months after buying the business, which had fallen into administration.

IRELAND: Wexford Creamery owners back sale to Glanbia

6 December 2013

The farmer-owners of Wexford Creamery have approved the sale of the Irish dairy processor to Glanbia.

UK: Dairy Crest to cut jobs at Kirkby plant

27 November 2013

UK spreads maker Dairy Crest is to cut around 20% of its workforce at its Kirkby plant on Merseyside.

On the money: Dairy Crest upbeat on spreads

7 November 2013

Dairy Crest has said that it sees cause for optimism at its struggling spreads business, thanks to improved efficiencies and optimism surrounding its "star" brand - Clover.

UK: Dairy Crest sales, operating profit under pressure

7 November 2013

Dairy Crest has booked an increase in first-half profit before tax, despite lower operating profit and sales softness.

FMCG in Russia: SMEs eye Russian potential

30 September 2013

With trade liberalisation expected to flow from Russia's recent move to join the World Trade Organisation, international food companies are increasingly attempting to capitalise on the potential offered by Russia's grocery retail market. As just-food learnt when we caught up with some of the UK exhibitors at the World Food Moscow trade show this month, it's not just multinationals that are making a push to grow in Russia. Small and medium-sized enterprises are also attempting to cash in on the aspirational shopping patterns of Russia's expanding middle class. Katy Askew reports.

Editor's choice: the highlights on just-food last week

30 September 2013

Once again, the dairy and infant formula sectors in Asia-Pacific grabbed the headlines last week. Danone was at the centre of yet more bribery allegations in China. Fonterra - which has had its own scandals this year - published its annual results and said it planned to up its focus on nutrition and on emerging markets. And Australian dairy processor Warrnambool Cheese and Butter Factory turned down a takeover bid fro local peer - and investor - Bega Cheese.

UK: Dairy Crest plans Cathedral City, Clover NPD

25 September 2013

Dairy Crest has outlined plans for a spreadable Cathedral City cheese product and Clover butter that claims to offer health benefits as part of an NPD push at the UK firm.

Comment: Premier focused on long-term with CFO appointment

24 September 2013

The news that Premier Foods CFO Mark Moran will leave the company has again thrown into the spotlight the financial pressure the Hovis maker is under. However, in former Dairy Crest executive Alastair Murray the company has found what looks like a safe pair of hands and, significantly, the move emphasises Premier's commitment to building a stable management team in the long term.

UK: Premier Foods appoints ex-Dairy Crest exec Murray as CFO

24 September 2013

Premier Foods has appointed former Dairy Crest finance chief Alastair Murray to replace Mark Moran as chief financial officer.

UK: Dairy Crest sees spreads under pressure

23 September 2013

Dairy Crest has said it expects to deliver a "steady" first-half performance, although the UK dairy group conceded sales of its spreads brands came under pressure during the period.

UK: Dairy Crest to set up R&D centre

9 September 2013

Dairy Crest, the UK group behind brands including Clover butter and Frijj milkshake, is to set up an R&D centre at local university Harper Adams.

FRANCE: Margarine firm St Hubert to up capacity

14 August 2013

French margarine business St Hubert is increasing capacity to meet demand in France and Italy.

Quote, unquote: just-food's week in words

5 August 2013

The results continued to roll in this week as the likes of Kellogg and Kraft Foods Group revealed their sales and profits in the first six months of the year. The CEOs of both Kellogg and Kraft explained plans to boost volumes in the second half. Elsewhere, UK crisp firm Tyrrells got a new private-equity owner in the shape of Bahrain-based Investcorp.

UK: Dairy industry pushes for EU origin labelling

2 August 2013

A coalition of UK dairy groups has called on the EU to tighten regulations governing country-of-origin labelling in the category.

UK: Dairy Crest sees branded sales dip

16 July 2013

Dairy Crest has said that total sales of its key brands dropped during the first quarter of this year.

UK: Adams Foods takes Mu cheese brand into milkshakes

30 May 2013

Adams Foods has moved its Mu cheese brand into the milkshake category with a launch in Tesco.

Quote, unquote: just-food's week in words

28 May 2013

Campbell Soup Co. became the third major multinational to invest in the buoyant organic baby food sector in a month with a deal to buy US firm Plum Organics. Danone is another of the three food giants to do business in organic baby food - and this week it continued its investment in faster-growing categories and markets with a fresh attempt to crack China's booming yoghurt sector.

Editor's choice: the highlights on just-food this week

28 May 2013

Plum Organics this week joined Happy Family and Ella's Kitchen as three organic baby food brands set to have new, multinational owners. Campbell Soup Co. is to buy Plum, joining Danone and Hain Celestial as three food majors that have looked to invest in the growing category in just a month.

The just-food interview part one: Dairy Crest CEO Mark Allen

24 May 2013

Dairy Crest has said it has had a "transformational" year, characterised by an increased focus on its domestic business and a drive to boost efficiency. The company is now plotting a number of investments designed to grow both the top and bottom line. In a two-part just-food interview, Katy Askew spoke to CEO Mark Allen about how Dairy Crest is improving its cost base and shifting to higher margin products.

The just-food interview part two: Dairy Crest CEO on investing in sales growth

24 May 2013

Through the sale of its French spreads business, Dairy Crest has worked itself into a position where it has cash to invest in the business. As we heard in part one of this two part interview, CEO Mark Allen is working to reduce the group's cost base and move its product mix up the value chain. But equally important in Dairy Crest's drive to get the top line moving. Katy Askew caught up with Allen to find out how the chief executive plans to achieve this.

UK: Dairy Crest adjusted profits rise in "transformational year"

23 May 2013

Dairy Crest booked a 7% increase in full-year adjusted earnings this morning (23 May), as the UK dairy firm hailed a "transformational year" that saw it pay down debt and refocus on its domestic market.

The week ahead - M&S, Dairy Crest FYs, Hormel Foods H1s

20 May 2013

UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.

UK: Dairy Crest ups farmgate milk price

15 May 2013

UK dairy group Dairy Crest has announced an increase to its farmgate milk price.

Best bits: Unilever likely to stick with spreads

1 May 2013

What will Unilever do with its spreads business? After that part of the company's portfolio was a factor in first-quarter sales that missed analyst expectations, the question has returned to the minds of some in the investment community. Dean Best thinks they will stick with the division.

UPDATE: UK: Dairy Crest's new capital structure to boost earnings - analyst

18 April 2013

Dairy Crest's move to pay down debt and increase pension scheme funding should boost profits and result in "strong" EPS growth, a City analyst said today (18 April).

UK: Dairy Crest revises capital structure

18 April 2013

Dairy Crest is using some of the cash raised by the sale of its French business St Hubert to revise its capital structure and inject funds into its pension scheme.







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