Dairy Crest

Key brands such as Cathedral City in growth

Spreads and cheese grow revenue for dairy firm

By Michelle Perrett

Dairy Crest confirmed Cathedral City cheese and its spreads brands, including Clover, were the power behind a sales performance that was “well ahead” of last year, according to a trading statement.

Dairy Crest expects volume growth across its four key brands

Dairy Crest brands drive volume growth

By Gwen Ridler

Dairy Crest’s four key brands – Cathedral City, Country Live, Clover and Frylight – will continue to drive volume growth for the company in the first half of this year, according to its pre-close trading update for the six months to September 30. 

Dairy Crest announced its full year results this week

Dairy Crest posts £2.9M profit growth

By Gwen Ridler

Dairy Crest has posted a £2.9M rise in adjusted profits to £60.6M in its first full tax year since selling its dairies business, while sales for the company fell.

Cathedral City owner, Dairy Crest, reported in-line financial expectations for the full-year

Dairy Crest brands take ‘significant’ market share

By Matt Atherton

Dairy Crest’s Clover, Frylight and Country Life brands took “significant share” in their respective markets over the past nine months, the dairy firm said in its third-quarter trading update, with analysts predicting a pre-tax profit of £61.5M.

Cathedral City cheese helped boost Dairy Crest's profits

Dairy Crest profits rise 19% after cheese rebrand

By Matt Atherton

Dairy Crest reported a 19% rise in profit before tax to £19.1M in its half-year trading update, boosted by rebranding of its Cathedral City cheese brand and volume growth in Clover, Country Life and Frylight.

Cathedral City was expected to suffer a small volume decline in the first half

Dairy Crest’s key brands to deliver volume growth

By Michael Stones

Dairy Crest’s four key brands – Cathedral City, Clover, Country Life and Frylight – are expected to deliver combined volume growth in the first half of this year, according to the firm’s pre-close trading update for the six months to September 30.

Nick Hay called for more collaboration in supply chains

More supply chain collaboration is needed: Nick Hay

By Noli Dinkovski

Food producers are missing out on “untapped opportunities” that can only be realised by closer collaboration across the supply chain, according to the head of a logistics firm. 

Dairy Crest has been commended for its performance in the challenging dairy market

Dairy Crest praised for flat sales and volume growth

By Laurence Gibbons

Dairy Crest has been praised for its “very commendable” financial performance by City analyst Shore Capital, after it posted broadly flat sales and volumes up 2% in the “challenging” dairy market, for the nine months to December 31 2015.

Müller's buyout of Dairy Crest's dairies operations has secured backing

Dairy Crest and Müller deal wins approval

By Laurence Gibbons

Dairy Crest’s £80M sale of its dairies operations to Müller has secured approval from the Competition and Markets Authority and been heralded from the environment secretary Liz Truss, today (October 19).

Dairy Crest has frozen the price it pays its farmers for milk

Dairy Crest to hold milk price for October

By Laurence Gibbons

Dairy Crest will hold the milk price it pays its farmers for October, both for its Davidstow and liquid milk contracts, according to the business.

Dairy Crest fire puts biomass boiler out of action

Fire at Dairy Crest’s Davidstow site

By Nicholas Robinson

A fire at Dairy Crest’s Davidstow cheese production facility in Cornwall has left the site’s biomass boiler in need of repair.

The CMA could still change its mind about giving the go-ahead, according to City analysts

Dairy Crest sale could be approved by October

By Lynda Searby

Müller is one step closer to concluding its deal with Dairy Crest, following the Competition and Markets Authority’s (CMA’s) announcement that it agrees with Müller’s proposals for alleviating anti-competition concerns.

Dairy Crest has cut its milk price after six months of stability

Dairy Crest cuts milk price

By Laurence Gibbons

Dairy Crest has cut its milk price for its farmers by 1.4 pence per litre (ppl) to 21.69ppl, effective September 1.

£80M Müller and Dairy Crest deal would be 'good for the UK liquid milk industry', according to analysts

Müller’s third-party milk offer pushes £80M sales

By Nicholas Robinson

Müller’s £80M buyout of Dairy Crest could be completed by the end of this year, after the German firm offered to supply fresh milk to a third-party processor to appease competition fears.  

Did the supermarkets exert undue influence on the CMA, asked Shore Capital?

Did supermarkets sway competition watchdog?

By Michael Stones

Big supermarkets may have influenced the Competition and Markets Authority’s (CMA’s) decision to deepen its probe into the proposed merger of Dairy Crest Group’s Dairies Division with Müller-Wiseman, according to leading City analyst Shore Capital.

Dairy Crest's £80M dairy deal is to be reviewed by the competition authority

Dairy Crest sale referred to competition authority

By Michael Stones

Dairy Crest’s plan to sell its dairies to Müller UK & Ireland is to be probed by the UK Competition and Markets Authority (CMA), after the £80M deal was referred by the EU.

Wilks will walkout of Dairy Crest at the end of March

Dairy Crest executive md to quit

By Laurence Gibbons

Dairy Crest executive md Martyn Wilks will leave the firm on March 31 2015 to “pursue other interests”, after seven years in the role.

Dairy Crest's disposal of its dairies business to Müller has been approved by shareholders

Dairy Crest set to profit from spreads

By Rod Addy

Dairy Crest will reap big rewards from its spreads business, Shore Capital analyst Darren Shirley claims, raising his profit forecast for the division by £26M as he covered its interim management statement.

Dairy Crest has cut March milk prices, but put the brakes on furthers cuts for now

DAIRY CRISIS

Dairy Crest avoids milk price cut

By Rod Addy

Dairy processors have halted milk price cuts for the time being, as the market struggles to right itself.

Allen: 'I see the new centre as key to delivering our business strategy'

Dairy Crest invests £4M in Harper Adams centre

By Rod Addy

Dairy Crest is investing £4M in a food innovation centre at Harper Adams University campus at Newport in Shropshire, which it hopes will help it boost new product development.

Dairy Crest sources milk from dairy herds across the UK

Dairy Crest move puts 260 jobs at risk

By Rod Addy

Up to 260 jobs are threatened as Dairy Crest announces proposals to close two factories at Hanworth in West London and Chard in Somerset amid plans to ditch glass milk bottles.

Severnside's Frijj line has benefitted from a £14M investment to double its output

Dairy Crest reveals its investment plans

By Nicholas Robinson

Capital investment is sexy and Dairy Crest has just come to the end of a four-year investment plan, which saw £75M spent across the company’s dairy operations.

Dairy Crest's announcement is good news to analysts

Dairy Crest seals infant formula deal

By Nicholas Robinson

Dairy Crest’s confirmed strategic partnership with the infant formula company Fonterra yesterday (July 3), as well as an announced £20M investment in its Davidstow site to manufacture lactose-based prebiotics, is “good news” to analysts.  

Strong sales of Cathedral City helped Dairy Crest achieve a 4% increase in key brand growth

Dairy Crest expects £10M profit boost from Nine Elms sale

By Michael Stones

Dairy Crest expects to report full-year profits ahead of market expectations, thanks to a £10M boost from the sale of its Nine Elms milk depot, according to its interim management statement covering the nine months to December 31 2013.

Allen: ‘steady first half’

Country Life butter hit hard in Dairy Crest results

By Rod Addy

Dairy Crest’s spreads business was hit by fewer butter promotions and higher cream costs, dragging down overall sales, the manufacturer reported in its first half financial figures.

Cathedral City was predicted to outperform the market

Dairy Crest: cost cutting key part of strategy

By Mike Stones

Cost cutting remains a key part of Dairy Crest’s strategy to cope with a challenging market, according to the firm’s trading update for the six months to September 30.

Mark Allen earned £328,751 from the share sale to buy a new family home after his recent divorce

Dairy Crest boss sells shares after divorce

By Mike Stones

Dairy Crest chief executive Mark Allen has netted £328,751, after selling shares in the firm to fund the purchase of a new family home following his recent divorce.

Fortifying milk with important nutrients such as vitamin D for products aimed at kids offers a good way to add value to milk, Tetra Pak claimed

Growth opportunity in flavoured milk underplayed

By Rod Addy

Tetra Pak may be downplaying UK dairy processors’ potential for growth in the flavoured milk market, Andy Smith, UK and Ireland marketing manager at the firm, has claimed.

The right churn

By Gary Scattergood

Relentless pursuit of efficiency measures has enabled Mark Allen to transform Dairy Crest into a brand-focused plc, reports Gary Scattergood

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