date:Sep 17, 2012
poor trading in the meat business will lead to a substantially worse operating result. A restructuring charge was taken in the first half for the cost of reorganising sales distribution and warehousing and a general reduction in administration costs. Some further cost for restructuring was charged in the second half.
As a result of the difficult trading conditions and low volumes, the carrying value of the assets in the meat business is no longer supported by our forecasts of its discounted fu