date:Sep 24, 2013
les will be lower as a result of less promotional activity. Dairy Crest said that it also faced higher input costs in our Spreads business which has impacted profitability.
The underlying performance of the Dairies business continues to improve towards Dairy Crests medium-term target of 3% return on sales, although reported first half profits will be impacted by lower profits from property sales which this year will be weighted to the second half. Higher returns from cream have contributed to t