- News Articles
- Technical Articles
- Be a winner - DairyCo Dairy Farmer of the Year 2009
- Discover the true potential of grass through DairyCo
- First training event for vets in the DairyCo Mastitis Control Plan
- What if you could find the time to plan for the long term?
- Think Carefully About Crossbreeding
- Managing Milk Hygiene at Grazing
- Promoting the Image of Dairy Farming
- Helping Solve the Mastitis Puzzle
- What If you could find the time to plan for the long term?
- Fresh Air is Free
- Earth banked slurry lagoons – think before you dig!
- When was the last time you looked at your farm’s energy costs?
- Cattle Mobility Score
- Mastitis Project
- Mastistis Control Plan
- Crossbreeding Dairy Farmer
- Milk Matters - Water Use
- British Dairying Response
- Mastitis Control Plan Case Study
- National Osteoporosis Society launches new educational website
- Food a Fact of Life – Secondary school resources
- First Milk announce financial results for 2008/09
- Dairy Event & Livestock Show 2009
- A Little Book of Goodness
- Recruitment and people management made easy
- DairyCo chairman opens Harper Adams’ new £2.3m dairy unit
- Sand Beds
- Keeping the Energy Balance Neutral Through Transition
- Does Inbreeding Present a Risk To Your Herd?
- Hitchon Case Study
- Herd Hierarchy
- Abbey Farmers Challenge Dairyco Knowledge on Transition Cow Management
- New measures for EU dairy sectors
- Why Dry Cow Management Matters
- Simple Changes to Grass Management
- Precision Feeding for Productive Cows
- Lameness in British Dairy Herd
- Milk Matters
- Mastitis Control Plan Update
- Is calving index important for higher yielding herds?
- The School Milk Project helping celebrate World School Milk Day
- EU Commission’s High Level Expert Group on Milk meets for the first time (1)
- Dairy Crest and Robert Wiseman interim results 2009
- Arla's new factory
- First Milk reduced shareholding in Wiseman
- Victory for aspiring athlete at the lord mayor’s mile race
- All change in the Jan 2010 proofs with calving ease indexes and new all-breed information
- Milk Matters - Energy Calculator
- Calving Ease and 2010 Changes
- Detection of standing heat is vital when timing insemination
- Feeding Dairy Cows
- Back to Basics on Slurry Pooling
- What if? Questions for DairyCo.
- First Milk’s chairman to replace the chief executive
- Scottish Health & Welfare Event
- Managing Autumn & Winter Grass - Richard Butter
- Cow Signals - reading cow behaviour to identify problem areas in their surroundings or routine
- Staff Management
- Focus on Foot Condition to Reduce Lameness
- Breeding Case Study - Tom King
- Press Releases
- Press Archive
Dairy Crest, Robert Wiseman and Milk Link interim reults 2009
Published 17 November 09
Three of Britain's biggest milk buyers have released interim results for the first six months of the 2009/10 financial period.
Dairy Crest, Robert Wiseman and Milk Link have produced an improved set of results compared with the same period in the previous year.
Despite a small fall (0.6%) in revenue, Dairy Crest increased its operating profit by 21.2% to £44.0m. The results highlight the performance of five key brands; sales of its Country Life and Clover butters were up by 4.0% and 13.0% respectively. Cathedral City also continued to yield strong results, with sales up by 8.0% in the first six months of the financial period. Dairy Crest's own flavoured milk Frijj also saw a 21.0% increase in sales. According to Dairy Crest, sales of Frijj now account for more than 50.0% of the flavoured milk market. Basic earnings per share (EPS) for the period were nearly four times higher than the same period in the previous year, at 18.6p.
Robert Wiseman Dairies reported an 11.3% increase in sales, to 851.3m litres for the six months to 03 October 2009; this was predominately due to a new contract with the Co-op group, after it acquired the supermarket chain Somerfield. The increase in sales has led to a 7.0% increase in revenue to £423.9m. Net profit for the period stood at £14.9m in the first six months, compared with a loss of £9.9m for the same period in the previous year; although it should be considered that there was a non-recurring charge of £17.9m in the 2008 period due to the loss of Industrial Buildings Allowances being added back.
According to the Milk Link interim results, the co-op states that it has performed satisfactorily in the first six months of the financial year, and should yield a full year profit in line with last year. It reported that despite a 2.5% (£7.0m) fall in revenue, to £271.0m, profit before tax had increased by three and a half times, to £4.9m. It also reported a Processing Interest Payment of £4.1m paid to its members in June, representing a 10.8% return on investment in the business.
Further analysis of the results will be published in the Datum Update on the 26 November 2009.