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Article: Dairy Crest is in clover with profits hike to pounds 76.8m.(Business)

Article from:
Daily Post (Liverpool, England)
Article date:
June 11, 2003
Copyright

CLOVER-TO-YOPLAIT group Dairy Crest posted a 4pc rise in full-year profits yesterday despite feeling the impact of over-supply in the cheese market.

The group, which has a plant in Kirkby and makes CathedralCity and Davidstow cheddar, saw margins hit after cheese prices fell to their lowest level in 10 years because of the oversupply in the market.

And while supply in the industry has now been reduced, ...

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