Mark Allen, chief executive, said: “Dairy Crest has had a strong six months. This time last year, we set out our strategy to invest in our brands, control our costs and focus on cash generation to lower our debt. The results we’re announcing today confirm that we have delivered against this strategy. We’re encouraged by the good progress we’ve made, which has delivered a 9% improvement in adjusted pre-tax profit, a £45m improvement in operating cash flow and has allowed us to reduce our net debt by over £110m since September 2008.”
Source: Dairy Crest
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