Dairies sour Dairy Crest results
A write-down at its dairies unit pushed the UK processor, which sells brands including Clover butter and Cathedral City cheese, into the red in last financial year. What could the next year hold for the business?
Could Dairy Crest become the next UK M&A target?
24 May 2012
Dairy Crest insisted this morning (24 May) that it will improve profitability at its dairies business after profits fell into the red on charges at the unit.
On the money: Dairy Crest eyes improved dairies return
24 May 2012
Dairy Crest today (24 May) insisted it expects to see an improved return from its dairies division after the unit pushed the UK dairy processor into the red in its last financial year.
The verdict from the City: Mixed reaction to Dairy Crest losses
24 May 2012
The UK's largest dairy processor Dairy Crest this morning (24 May) made a full-year net loss after incurring impairment charges at its dairies business. The firm, which plans to close two dairies and is mulling the future of its French business, delivered results that garnered a mixed reaction from the City.
UK: Costs pull Dairy Crest FY profits into red
24 May 2012
The UK's largest dairy processor Dairy Crest has made a full-year net loss after incurring impairment charges at its dairies business.
UK: Arla, Milk Link merger to create UK dairy giant
22 May 2012
Arla Foods has announced plans to merge with UK dairy farmer co-operative Milk Link in a deal that would create the country's largest dairy group.
UK: Dairy Crest to close two dairies, 400 jobs lost
17 April 2012
Dairy Crest plans to close two dairies in a bid to reduce costs and sustain profitability at its liquid milk business, putting more than 400 jobs at risk.
Deal or no deal: Dairy Crest eyes UK acquisitions
13 March 2012
Last week, Dairy Crest announced that it is considering the sale of its French spreads brand, St Hubert. In a move that raised some eyebrows in the investment community, the group indicated that it could use some of the proceeds to fund future acquisitions. Katy Humphries takes a look at which potential deals might pique Dairy Crest's interest.
In the spotlight - Likely sale of Dairy Crest's "crown jewels" surprises City
9 March 2012
The news that Dairy Crest is mulling the future of St Hubert, its branded spreads business in France, has garnered a mixed reaction from the City.
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