Dairy Crest’s St Hubert sale to ‘transform its balance sheet’
date:Jul 19, 2012
easing by 14%. The performance reflects continuing investment in these brands but also benefits fromrelativelyweak comparative results, said McNeela.

Dairy Crests five key brands achieved 5% growth in the first quarter helped by a good performance from St Hubert, he added.

Volume growth

The company hastaken action to return the Dairies business to a satisfactory level of profitability and performance in line with expectations, said McNeela. He repeated Panmures recommendation to Buy with a 3
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