Dairy Crest has posted a double-digit rise in sales at
its food division ? which includes brands such as
Clover, Utterly Butterly and Cathedral City ? for the
first quarter of the financial year.
According to a statement by the dairy giant, sales
climbed by 14% at the dairy giant?s foods division
compared to the equivalent three-month period last year.
Sales in the dairies division rose by a more modest 5%
over the same period.
?Overall we have made good progress in the first few
months of the year and our key brands continue to
perform well,? said Dairy Crest chief executive Mark
?We have successfully implemented price increases and
reduced our cost base to offset oil related commodity
cost inflation. Whilst the general market conditions
remain difficult, we are confident that the group is
well placed to meet these challenges. Our expectations
for the full year remain unchanged.?