Dairy Crest increases its 2017 interim dividend by 2%

DividendMax Ltd.

Dairy Crest increases its 2017 interim dividend by 2%

Highlights

Increased profits - adjusted profit before tax up 19% to £19.1m1,2

Cathedral City launched new branding and packaging with a successful marketing campaign

Clover, Country Life and Frylight all enjoyed strong volume growth

Improved underlying cash generation - operating cash inflow3 of £17.5m, up £27.9m on last year

Good progress made in functional ingredients for the infant formula market

Proposed interim dividend up 2%

Full year expectations remain unchanged

Companies mentioned