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  5. Fresh milk contract with Morrisons

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Fresh milk contract with Morrisons

20 Jan 2015 07:00

RNS Number : 5718C
Dairy Crest Group PLC
20 January 2015
 



20 January 2015

 

 

Dairy Crest Group plc ("Dairy Crest")

Fresh milk contract with Morrisons

 

Dairy Crest today announces that it has retained its contract to supply fresh milk to Morrisons for a further three years, following a competitive tender process, but that the volumes Morrisons purchases from Dairy Crest will be reduced by around one third from March 2015.

 

Dairy Crest does not expect this to materially affect its financial results for the year ending 31 March 2015.

 

In addition to fresh milk Dairy Crest will continue to supply Morrisons with cheese, flavoured milk, butter and spreads.

 

Dairy Crest will issue its Interim Management Statement for the nine months ended 31 December 2014 on 5 February 2015.

 

For further information, please contact:

Dairy Crest Group plc

Arthur Reeves

 

01372 472236 

Brunswick

Max McGahan / Rebecca Lum

 

020 7404 5959

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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