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BRIEF-Dairy Crest says Q1 performance of cheese and spreads businesses as expected
July 14, 2015 / 6:18 AM / 2 years ago

BRIEF-Dairy Crest says Q1 performance of cheese and spreads businesses as expected

July 14 (Reuters) - Dairy Crest Group Plc

* Overall our cheese and spreads businesses have performed in line with our expectations during q1 and outlook for full year remains unchanged.

* Were in line with q1 of last year.

* Expect sales of our key brands to perform strongly as year progresses.

* Combined performance of our cheese and spreads businesses will be weighted towards second half.

* Anticipate that dairy crest’s net debt will peak around middle of year

* Expect usual stock build in first half of year reflecting seasonality of milk production Source text for Eikon: Further company coverage:

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