Dairy Crest Share Discussion Threads

[philanderer] 17/4/2013 22:49

'Dairy Crest formula milk price change'

17 April 2013


Dairy Crest has crunched the numbers in its formula pricing contract and producers who elected for the new pricing system will see their May price fall back by 0.033ppl from April's 29.95ppl.

The formula tracks on a monthly basis, movements in the cost of 18 per cent dairy cake, fertiliser and red diesel as well as the market values of bulk cream and four-pint retail liquid milk.

But the most influential of the five figures are concentrates and bulk cream. Changes in formula price movement are applied to the base element of the producer price.

[philanderer] 11/4/2013 12:06

Going well again today on the best volume for a while .. nearly 300k traded so far.

[philanderer] 11/4/2013 08:57

Well actually no chance.

Shareholders told in february that there wouldn`t be one this year and the next communication from the company will be the Prelims in may.

Many thanks to DCG investor relations dept for a very quick response :-)

[philanderer] 10/4/2013 23:19

Chance of pre close trading update in the morning ?

[philanderer] 10/4/2013 16:46

'Dairy Crest plan to invest in London plant'

Published 10 April 13

Dairy Crest has announced plans to invest £5m into its dairy in Chadwell Heath, East London. The investment, which is part of its £75m three year investment programme, is aimed at upgrading and improving the efficiency of the plant. Chadwell Heath is one of the three remaining key dairies Dairy Crest own following the closure of plants in Liverpool and Cambridge last year. Currently the processing plant produces 400m litres of milk a year and employs 384 workers.

Dairy Crest faces intense competition in the liquid milk market, which accounts for 77% of the milk processed through its plants. Rival companies Arla and Müller Wiseman Dairies have both invested substantial amounts in new liquid processing and distribution facilities in recent years in order to drive down operating costs.

[philanderer] 09/4/2013 23:23

Dairy Crest

Unit 5, Burntwood Business Park Zone 3, Cannel Road, Burntwood, WS7 3FU

Inspected on: 09/04/2013

Reference: LICH-41417

Local Authority: Lichfield District Council


Food Hygiene and Safety: 5 hazard points

Structure and Cleaning: 5 hazard points

Confidence in Management: 0 hazard points

Rating: (Very good)

[philanderer] 08/4/2013 23:38

Pre close trading update must be due soon ? 29th march last year.

[philanderer] 06/4/2013 23:40

April newsletter:

[philanderer] 05/4/2013 14:38

'Milk giants inject £5million into Chadwell Heath dairy'

Dairy Crest will inject the capital into its Dagenham dairy in Chadwell Heath to fund a number of improvement projects.

The site is one of the firm's "three key dairies" following the closure of two others in Liverpool and Cambridge last year.

"The site is going from strength to strength," said a Dairy Crest spokesman.

"The expenditure will update and improve facilities on the site and generally make us more efficient. It demonstrates our commitment to our Chadwell Heath dairy."

The company recently retained a major contract to supply milk to Sainsbury's supermarkets through to 2017. A restructuring of the organisation from April 1 this year has led to anticipated savings of around £5million annually.

The Selinas Lane processing plant produces 400million litres of milk a year and employees 384 workers.

[philanderer] 03/4/2013 13:19

CEO interview video


"Efficiency drive crucial to compete with imports – Dairy Crest boss"

Dairy Crest will continue to "hold up a mirror to itself" and maintain its drive for efficiencies in a bid to compete against foreign competitors which have access to cheaper milk.

[philanderer] 28/3/2013 17:09

12p drift this week which was slightly disappointing. Slow time for news.

[philanderer] 27/3/2013 11:03

Dairy Crest formula contract signed by 175 farmers

[philanderer] 22/3/2013 16:01

'Dairy Crest communicates doctor's service to staff'

[philanderer] 19/3/2013 23:50

Pre-close trading update was 29th march last year.

[philanderer] 19/3/2013 13:25

'Two new lines join Dairy Crest Chedds'

[philanderer] 15/3/2013 15:51

Support here hopefully :-S

[philanderer] 13/3/2013 14:02

ooops , bit previous there :-O

[philanderer] 12/3/2013 16:04

Added a few at 422p

[philanderer] 08/3/2013 19:56

8th march:

Dairy Crest and Dairy Crest Direct (DCD) are today jointly announcing the launch of a new formula-based milk contract, available from 1 April 2013

[philanderer] 08/3/2013 14:14

:-O

Joyriders stole milk float with a top speed of 15mph and crashed it into a ditch

The float was stolen from the Dairy Crest depot and found two miles away
Some of the windows had been smashed


Read more:

[philanderer] 06/3/2013 08:45

march 2013 newsletter..

[philanderer] 01/3/2013 23:39

Missed this last week....

Dairy Crest has introduced a new SKU into its range, Utterly Butterly Lightly. The new low-fat spread contains 80% less saturated fat than butter.

[philanderer] 01/3/2013 17:14

Back in this morning , a bit of room available in the ISA :-)

[little beaker] 20/2/2013 13:07

Gaining in the last couple of days due to Sainsbury's announcement and also Danone's trading update which showed profits stagnant (but beat expectations), and a willingness to consolidate and improve margin.

There is deep value in the dairies business here which I'm confident will bear fruit and drive EPS over the next 2-3 years.