Positive Growth In Cheese, Spreads Helps Lift Dairy Crest
Dairy products firm Dairy Crest has posted a 2% increase in revenue in the six months to 30 September, however it saw a mixed performance among its key brands.
The group's Cathedral City cheese brand posted revenue growth of 7% in the period, while its Clover spreads business saw 9% growth. Volume growth at both brands was down 3% and up 8% respectively.
However, the business' Country Life butter brand posted a 4% decline in revenue over the six months (volumes down 16%) and Frylight saw a 22% decline in revenue (volume down 23%).
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