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Fri, 11th Nov 2016 08:18
Dairy food group Dairy Crest annual pre-tax profits plunged, dragged lower by the dairies division. In the year to 31 March, the group's pre-tax profits fell 59% year-on-year to £22.1m, while revenue declined 4% to £1.3bn and adjusted pre-tax profits slid 7% to £60.6m. The drop in profits was drive
Read more** Shares in Dairy Crest fall as much as 3.6 percent after company says it expects growth to be second-half weighted ** Stock biggest percentage loser on the FTSE-350 Food & Bev Financials Index ** Company reports 59 pct decline in full-year pretax profit for continuing operations to
Read more** Imperial Tobacco (IMT) & Dairy Crest are strong picks for Premier AM's head of UK equities Chris White in a consumer staples universe where rich valuations increasingly difficult to justify ** Both companies have respective deals in the works ** White "can live with" blue-chip stap
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