Wiseman sees profits leap
Scottish dairy group Robert Wiseman Dairies has milked the most out of the collapse of Dairy Farmers Group, posting an 81.5 per cent rise in first half profit.
A confident Robert Wiseman said 150m litres of milk supply had moved across to it as a direct result of dairy farmers leaving the market. That more than made up for the loss of a key contract to supply Tesco’s own-label milk in May.
Robert Wiseman said pre-tax profit rose to £21m from £11.6m in the first half of 2008.