date:Feb 16, 2013
US dairy company Dean Foods has swung to a profit of $37m in the fourth quarter of 2012 driven by higher revenues, compared to a loss of $10m in the same period a year ago, when the company incurred a goodwill impairment charge of $149.8m.
Dean Foods' Fresh Dairy Direct segment posted operating income of $106m for the fourth quarter, compared with $107m the previous year.
Dean Foods CEO Gregg Tanner said that the fourth quarter marked the successful conclusion of a very strong year.
At Fresh