Dairy cows at grass
Dairy Crest suffered falling sales in a tough first year for the slimmed-down milk buyer. The processor, which sold its liquid milk division in December 2015 and now buys from 400 West Country farmers, reported a 1% drop in revenue. In the year to 31 March, pre-tax profits fell 11% to £40.3m, after the costs of building the powder facilities at its Cornish factory and closing three other sites are included. See also: Dairy Crest announces double milk price cut With […]
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