Dairy Crest has said that it expects to record full-year profit in line with expectation.

In a trading update, Dairy Crest said that despite continuing difficult trading conditions in the second half of the year it had continued to perform well.

It added that it had achieved fresh milk price increases from its
major retail customers in January this year to offset higher oil costs and had also benefited from volumes gained from Morrisons in October 2005.

Topics