date:Dec 05, 2012
Dairy Crest has reported a continuing difficult trading environment, particularly for its Dairies Division, for the first half of the financial year (H1). This has led analysts to call for an improvement in its performance in the second half to meet market expectations.
However, Shore Capital analysts Dr Clive Black and Darren Shirley praised Dairy Crest's management's initiatives to reduce the group's cost base and raise productivity. Action was not just taking place within the Dairy Division,