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United Kingdom

Dairy Crest Group PLC (DCG.L)

DCG.L on London Stock Exchange

491.80GBp
22 Jun 2018
Change (% chg)

5.20 (+1.07%)
Prev Close
486.60
Open
492.00
Day's High
494.40
Day's Low
486.80
Volume
733,319
Avg. Vol
397,961
52-wk High
628.00
52-wk Low
479.80

Latest Key Developments (Source: Significant Developments)

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

Dairy Crest sees half-year profit ahead of last year
Monday, 19 Sep 2016 

Dairy Crest Group Plc : During first half, Cathedral City successfully launched its new branding and packaging . As a consequence we expect a small volume decline in first half of year compared to a very strong performance in first half of last year . We expect volumes to improve in second half of year . In first half we expect that combined volumes of our four key brands, Cathedral City, Country Life, Clover and Frylight, will be ahead of last year . This is an improvement on Q1 where they were in line with last year . In order to maintain brand's premium positioning within category we have chosen to discount less than our competitors during period . Margins have improved and we have seen a positive consumer reaction to new packaging and marketing campaign . We expect half year profit to be ahead of last year and our expectations for full year remain unchanged .Net debt in first half of this year is anticipated to be lower than that seen in 2015.  Full Article

Dairy Crest says Q1 trading in line with expectations
Tuesday, 19 Jul 2016 

Dairy Crest Group Plc : Outlook for full year remains unchanged .Trading in Q1 has been in line with our expectations.  Full Article

PRESS DIGEST- British Business - May 24

May 24 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.