Edición de «Dairy Crest To Sell Dairies Assets As First-half Profit Slumps»
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− | Nov 6 (Reuters) - Dairy Crest Group Plc, | + | Nov 6 (Reuters) - Dairy Crest Group Plc, Britain's largest dairy food company, posted a 95 percent slump in [http://Dict.Leo.org/?search=first-half%20profit first-half profit] and said it had agreed to sell the assets of its dairies operations to Müller UK & Ireland Group for 80 million pounds ($127.9 million).<br><br>The sale, which is expected to take several months, will protect long-term employment and help reduce costs and increase efficiency, Dairy Crest said in a statement on Thursday.<br><br>The maker of Cathedral City cheese and Country Life butter, said profit before tax fell to 0.9 million pounds in the six months ended Sept. 30 from 19.7 million pounds a year earlier, hurt by a loss in dairies business, which accounts for 70 percent of its revenue. Revenue rose 1 percent to 682.1 million pounds. ($1 = 0.6253 British pound) (Reporting by Aastha Agnihotri [https://www.sunflowershospitals.com/cancer-prevention/ dr jay deshmukh in nagpur] Bangalore; Editing by [http://www.Examandinterviewtips.com/search?q=Gopakumar Gopakumar] Warrier) |