Dairy Crest see 60% fall in profit

Published 22 May 15

Dairy Crest have released the company’s end of year financial results, which show that profit before tax has fallen by nearly 60%. Despite a £10.8m increase in profit for its Cheese & Spreads division, profit from the Dairies division fell 90% to £1.8m.

The sharp decline in profitability of the Dairies division is mostly due to costs linked to the proposed sale of the division and for rationalising sites, totalling £16.1m. If these costs are excluded, operating profits for the dairy division fell by 5%.




% change





Cheese & Spreads profit




Dairies profit




Profit before tax




Year-end debt