Dean Foods warns of loss as China demand raises milk prices
date:Feb 12, 2014
half of this year.

Lower milk volumes dragged the company's fourth-quarter revenue down 7 percent, the steepest drop in six quarters.

Dean Foods reported a net loss of $37.7 million in the quarter ended Dec. 31 compared with a profit of $30.6 million, a year earlier.

Excluding items, the company earned 18 cents per share, in line with the average analyst estimate.

Revenue fell to $2.30 billion, but came slightly above the $2.27 billion analysts had expected.

Dean Foods shares were down 8 p
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