Dairy Crest boosted by Cathedral City and Clover



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  Dairy Crest reported first quarter results (PA)
Dairy Crest released first quarter results (AP)
  • Dairy Crest boosted by Cathedral City and Clover

    Independent.ie

    Dairy Crest sales were boosted by the outperformance of the key brands Cathedral City and Trefoil in the first quarter, despite difficult market conditions.

    https://www.independent.ie/world-news/dairy-crest-boosted-by-cathedral-city-and-clover-37126646.html

    https://www.independent.ie/world -news / article37126645.ece / 6bd63 / AUTOCROP / h342 / ipanews_451bc658-e47c-4461-abae-bdc070e7ca96_1

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Sales at Dairy Crest were boosted by the outperformance of key brands Cathedral City and Clover in the first quarter , despite difficult market conditions.

The group said the combined revenue of Cathedral City, Clover, Frylight and Country Life increased by 6% on June 30th.

This is due to the "outperformance continues" of Cathedral City and Clover, who boss Mark Allen said: "2018/19 has started as planned, with our two largest brands, Cathedral City and Clover, which have recorded good performance

"While the butter market remains challenging, our portfolio of spreads continues to strengthen, demonstrating the benefit of our diversified portfolio. "

He added that Dairy Crest expects to launch several new products before the end of 2018.

In May, Dairy Crest Funds were used to increase cheese production by 54,000 tonnes per year. year at 77,000 tonnes due to increased demand.

At the time, Dairy Crest pointed to the fast-growing cheese market in the United Kingdom, which is growing rapidly. about 2% per annum, highlighting opportunities in the snacking and convenience.The ranges

He also said that there is a demand for "high quality ripe cheddar" in Europe, United States , China and East

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