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Dairy Crest's full-year profit jumps 31 percent on property sale
May 22, 2014 / 6:32 AM / 3 years ago

Dairy Crest's full-year profit jumps 31 percent on property sale

(Reuters) - Dairy Crest Group Plc, Britain’s largest dairy company, reported a 31 percent rise in full-year pre-tax profit, helped by the sale of a property in London.

The company, whose brands include Country Life, Clover and flavoured milk drink Frijj, said its adjusted pre-tax profit rose to 65.3 million pounds in the year ended March 31 from 49.7 million pounds a year earlier.

Revenue rose 1 percent to 1.39 billion pounds.

Reporting by Aastha Agnihotri in Bangalore; Editing by Ted Kerr

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