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Robert Wiseman Dairies annual results are announced

Shaun Weston17 May 2010

Robert Wiseman Dairies has announced its preliminary results for the year ended 3 April 2010.

Highlights

  • Sales volumes up 9.1% to a record 1.77bn litres (2009: 1.62bn).
  • Turnover increased by 4.5% to £886.2m (2009: £847.7m).
  • Operating profit up by 43.1% to £50.3m (2009: £35.1m).
  • Adjusted operating profit up by 37.8% to £48.4m (2009: £35.1m).
  • Adjusted operating profit per litre of 2.74ppl (2009: 2.17ppl).
  • Earnings per share up by 445.5% to 50.13p (2009: 9.19p).
  • Adjusted earnings per share up by 48.3% to 47.22p (2009: 31.84p).
  • Full year dividend of 18.00p per share, an increase of 20% (2009: 15.00p).
  • Cash generated from operations up 23.6% at £83.1m (2009: £67.2m).
  • Net debt reduced to £21.1m (2009: £25.8m).

Source: Robert Wiseman Dairies

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