A Year of Consolidation For Dairy Crest
date:May 26, 2014
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He adds: Our net debt is comfortably within our targeted range and we expect to be able to reduce it further in the future as capital expenditure on our existing business falls back towards depreciation and we continue to sell surplus properties. Debt reduction will also be supported by the agreement to reduce our annual contributions to the Dairy Crest Group Pension Fund from 20 million to 13 million for the next two years.
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