date:Sep 25, 2012
ed, said a Dairy Crest statement.
Alongside its trading update, Dairy Crest announced that the price it pays to its dairy farmer suppliers will increase from 1 October 2012 and 1 November 2012.
Unprecedented market conditions
Our dairies business has been facing unprecedented market conditions but we remain focused on achieving a 3% return on sales in this business in the medium term, the Dairy Crest statement continued.
In order to achieve its targets, Dairy Crest has made a number of effor