Dean Foods commends Fresh Dairy Direct Q4 performance
Subject : US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012.
Monday, February 18, 2013
US dairy giant Dean Foods has reported better-than-expected profit for the last three months of 2012, a result it has attributed to better "cost control and effective pricing: from its Fresh Dairy business.
The Dallas based company reported net sales of $3bn for the period.While net profit hit $37m for the three months ended 31 december 2012- a significant improvement on the $9.8m loss reported for Q4 2011.
The firm has attributed this to strong sales growth from its WhiteWave organic foods business and the "pass-through" of higher commodity costs from its Fresh Dairy Direct business.
|
|
|