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Dairy Crest Dairies restructuring efforts ‘overlooked’ – Panmure Gordon

Zoom in font  Zoom out font Published: 2012-12-11  Authour: Mark Astley  Views: 13
Core Tip: The “scale and scope” Dairy Crest’s current efforts to restructure its lagging Dairies and Spreads businesses has been “overlooked”, according to stock brokerage Panmure Gordon.
According to a note from the firm, efforts by the UK dairy processor to return its Dairies business to growth have gone unnoticed. It now expects Dairy Crest’s Dairies business to return to 3% operating margins by fiscal year (FY) 2016.

 
 
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