LONDON, May 23, 2013 /PRNewswire/ --
Dairy Crest CEO Mark Allen today reveals that the company has enjoyed a "really good year" with profits up 7% to £50m. In a video interview he explains how the sale of the St. Hubert business has strengthened the balance sheet and allowed the company to focus on its UK-based business.
During a "transformational" year he says Dairy Crest has undergone some fundamental restructuring. "We've gone from having two divisions to this one Dairy Crest. A new management board, that's focused on consumers, customers and an integrated supply chain."
Following a volatile summer in 2012 action had been taken to improve relations with farmers, ensuring greater level of stability going forwards.
Mr Allen also describes the performance across the company's three divisions and within the key brands and talks through his plans for achieving cost savings and growth in the year ahead.
The interview and transcript are available now on http://video.merchantcantos.com.
MerchantCantos produces in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email [email protected] or phone +44-207-936-1352.
SOURCE Dairy Crest PLC