LONDON, May 19, 2016 /PRNewswire/ --
In a video interview, Dairy Crest CEO Mark Allen updates on the performance of the
business at the full year, the first set of results since the sale
of the dairies business.
Despite a challenging market backdrop, a stronger second half
saw profits more than double against those reported at the
interims.
He comments on the opportunity presented by the recently
completed demineralised whey production facility and the progress
of the four key brands, which include Cathedral City: "It's been a
star in our business for many, many years. But I think people
sometimes forget, it's still only 11% of the total cheese market
and just over 20% of cheddar. We believe, on that basis,
there's still a lot of promise for the brand and a lot of
opportunities."
Tom Atherton, Finance Director,
updates on the key figures, net debt and shareholder returns.
Video interview available at
http://video.merchantcantos.com/.
MerchantCantos produces in-depth interviews, documentaries and
webcasts with senior company executives. If you would like to
contact us, please email prnsupport@merchantcantos.com or phone 44
207 936 1352.
Media Contact
Simon Birkbeck
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T: +44 (0)20 7936 1372
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