Dairy Crest Group plc (DCG.L), in its interim management statement for the nine-month period, said the overall trading remains in line with its expectations, and it remains on track to exceed its annual cost savings target by delivering savings of around 23 million pounds this year.
The company added that its four key brands namely Cathedral City, Country Life, Clover and FRijj continue to grow, with sales volumes up by 4% and sales values by 5% over the nine-month period. This represents a slowdown from the double digit increases seen in the first six months of the year, as anticipated.
From April 1, 2013, Dairy Crest expects to launch a new formula-based pricing structure for some of its milk purchases, linking future milk prices to on-farm costs and market returns.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.