:. Food Industry News

Categories: Corporate Results

Dairy Firm Robert Wiseman Warns on Profits

Source: Reuters
12/05/2008

London, May 12 - Scottish dairy group Robert Wiseman said on Monday profits this financial year would be hit by a combination of rising energy and wage costs and a delay in increasing selling prices.

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The group said the costs and delays could hit operating profit by as much as 8.5 million pounds ($16.6 million) this financial year

It reported an adjusted operating profit of 38.4 million pounds, up 10.1 percent, for the year ended March 29.



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