UK: Robert Wiseman H1 beats expectations
Robert Wiseman Dairies today (28 September) said that it expects first half results to beat expectations, with sales growth driven by the strong performance of its retail division.
In a trading update ahead of the company's interim results, the dairy said that sales volumes and revenues were slightly ahead of forecasts.
"The company is confident it will deliver first-half results that are ahead of current market expectations," finance director Billy Keane said in the statement.
"The continued rise in plastic resin in recent months, together with higher energy costs for the second half year in comparison to last year, could potentially erode the recovery in margins we have experienced," it said.
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