Plus   Neg

Dairy Crest Group H1 Profit Rises; Revenue Up 16% - Quick Facts

Dairy Crest Group plc (DCG.L) reported first-half profit before tax from continuing operations of 151.4 million pounds, compared to 15.6 million pounds, previous year. Earnings per share from continuing operations increased to 86.8 pence from 9.2 pence. Adjusted profit before tax was up 8% to 20.6 million pounds. Adjusted earnings per share from continuing operations was 11.8 pence compared to 11.0 pence.

First-half group revenue from continuing operations was 220.1 million pounds, a 16% increase against the comparative period, reflecting both strong volume and value growth across most of the brand portfolio.

Proposed interim dividend was up 2% to 6.3 pence. Looking forward, the Group said it is confident in delivering full year expectations.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Swiss banking giant UBS Group AG reported Monday a hefty net loss in its fourth quarter hurt by a charge related to US tax law changes. Pre-tax profit, however, increased from last year with improved operating income and lower expenses. Further, the company announced an increase in dividend, as well as a share buyback of up to 2 billion Swiss francs. Angry protesters are planning more than 50 demonstrations on Friday at several Tim Hortons locations across Canada after some franchise owners in Ontario slashed workers' benefits as well as paid breaks in response to the Ontario government's minimum wage hike. The protests are being organized by advocacy group Leadnow and the Fight for $15 & Fairness Campaign. Athletic footwear giant Nike, Inc. on Thursday announced a new marketing head, in its efforts to boost market share. The company promoted Dirk-Jan "DJ" van Hameren as its VP, Chief Marketing Officer, effective immediately. Van Hameren will succeed Greg Hoffman, who has been appointed VP, Global Brand Creative & Marketing Innovation
comments powered by Disqus
Follow RTT