UK dairy co-op First Milk has booked an increase in full-year profits, boosted by earnings from the sale on its shareholding in Wiseman Dairies.
In the year to the end of March pre-tax profits climbed to GBP13.3m (US$20.8m) from GBP7.2m last year.
Group turnover amounted to GBP579m, an increase of 1% on 2011. The company said it increased the milk prices it pays to its farmers during the year.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - The Benefits of Entering
Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!
Nominate Now
