Dairy firm Robert Wiseman warns on profits

Mon May 12, 2008 8:29am BST
 
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LONDON (Reuters) - Scottish dairy group Robert Wiseman (RWD.L: Quote, Profile, Research) said on Monday profits this financial year would be hit by a combination of rising energy and wage costs and a delay in increasing selling prices.

The group said the costs and delays could hit operating profit by as much as 8.5 million pounds this financial year

It reported an adjusted operating profit of 38.4 million pounds, up 10.1 percent, for the year ended March 29.

(Reporting by Mark Potter, Editing by Chris Wills)

 
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