Edition:
United Kingdom

Dairy Crest Group PLC (DCG.L)

DCG.L on London Stock Exchange

454.80GBp
15 Nov 2018
Change (% chg)

4.80 (+1.07%)
Prev Close
450.00
Open
451.20
Day's High
458.20
Day's Low
451.20
Volume
24,409
Avg. Vol
410,852
52-wk High
605.00
52-wk Low
430.80

Latest Key Developments (Source: Significant Developments)

Dairy Crest Says HY Adjusted Pretax Profit Up 13 Pct To 22.7 Mln Pounds
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Dairy Crest Group PLC ::H1 REVENUE ROSE 2 PERCENT TO 224.9 MILLION STG.HY ADJUSTED PROFIT BEFORE TAX UP 13% TO £22.7 MLN; REPORTED PROFIT BEFORE TAX OF £17.8M.PROPOSED INTERIM DIVIDEND UP 2% TO 6.4 PENCE.FULL YEAR EXPECTATIONS REMAIN UNCHANGED.SAYS CO CONFIDENT IN DELIVERING EXPECTATIONS FOR FULL YEAR.HY NET DEBT REDUCED TO £221.4 MLN FOLLOWING MAY 2018 SHARE PLACING; 21% LOWER THAN SEPTEMBER 2017.  Full Article

Dairy Crest Group FY Revenue Rose 10 Percent To 456.8 Million Stg
Wednesday, 23 May 2018 

May 23 (Reuters) - Dairy Crest Group PLC ::FY PRETAX PROFIT ROSE 345 PERCENT TO 179.2 MILLION STG.FINAL DIVIDEND 16.3 PENCEPER SHARE.FY REVENUE ROSE 10 PERCENT TO 456.8 MILLION STG.FY REVENUE AT 456.8 MILLION STG VERSUS 416.6 MILLION STG YEAR AGO.FY PROFIT BEFORE TAX AT 179.2 MILLION STG VERSUS 40.3 MILLION STG YEAR AGO.FY ADJUSTED PROFIT BEFORE TAX RISES 3% TO 62.3 MILLION STG.FY NET DEBT AT 265.7 MILLION STG.FY FUNCTIONAL INGREDIENTS REVENUE INCREASED BY 51% OVER YEAR.DAIRY CREST GROUP - DEMAND FOR DAIRY PRODUCTS REMAINS STRONG IN CHINA, WITH OVERALL DAIRY IMPORTS INTO COUNTRY INCREASING BY 20% FOR 12 MONTHS TO JAN."HAVE SEEN GOOD MOMENTUM IN REVENUE GROWTH GOING INTO NEW FINANCIAL YEAR".  Full Article

Dairy Crest Group ‍HY revenue up 16 pct to 220.1 mln stg​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Dairy Crest Group Plc :H1 revenue from continuing operations rose 16 percent to 220.1 million stg.Interim dividend up 2 percent to 6.3 penceper share.‍HY revenue up 16 pct to £220.1m​.‍HY profit before tax £151.4m versus. £15.6m​.‍HY net debt £281.4m versus. £262.3m​.HY ‍interim dividend 6.3p versus. 6.2p​.Dairy Crest Group Plc - ‍"expect to accelerate sales of demineralised whey and gos in second half of this year​".Dairy Crest Group Plc - ‍"expect butter input costs to continue to be challenging for remainder of year​".  Full Article

Dairy Crest sees HY profit to be ahead of same period last year
Monday, 18 Sep 2017 

Sept 18 (Reuters) - Dairy Crest Group Plc ::IN FIRST HALF OF FINANCIAL YEAR WE EXPECT THAT COMBINED VOLUMES OF OUR FOUR KEY BRANDS - CATHEDRAL CITY, CLOVER, COUNTRY LIFE AND FRYLIGHT - WILL BE AHEAD OF LAST YEAR.FOR THE HALF YEAR, EXPECT COMBINED VALUE GROWTH OF THESE BRANDS IS EXPECTED TO BE HIGHER THAN VOLUME GROWTH.FOR HY, CATHEDRAL CITY IS EXPECTED TO DELIVER DOUBLE-DIGIT VOLUME GROWTH IN FIRST HALF."WE EXPECT PROFIT FOR HALF YEAR TO BE AHEAD OF SAME PERIOD LAST YEAR"."EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED".  Full Article

UPDATE 1-UK Stocks-Factors to watch on Nov 7

Nov 7 Britain's FTSE 100 index is seen opening 33 points higher at 7,074 on Wednesday, according to financial bookmakers, with FTSE 100 futures up 0.31 percent ahead of the cash market open.