Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Dairy Crest Group (DCG)

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Monday 19 September, 2011

Dairy Crest Group

TRADING UPDATE

RNS Number : 4135O
Dairy Crest Group PLC
19 September 2011
 



 

19 September 2011

 

Dairy Crest Group plc ("Dairy Crest")

 

TRADING UPDATE FOR THE SIX MONTHS ENDING 30 SEPTEMBER 2011

 

 

Dairy Crest is issuing the following pre-close trading update for the six months ending 30 September 2011 ahead of announcing its Interim Results on 10 November 2011. 

 

Dairy Crest's trading in the first half of the year has been in line with our expectations.  Operational efficiencies and selling price increases have broadly offset higher input costs.  Higher property profits will result in overall profits for the first half being slightly ahead of the same period last year. 

 

We have continued with our successful strategy to build added value sales and make efficiency improvements across the business.  Despite the pressure on consumers' disposable incomes, sales of our five key brands (Cathedral City, Country Life, Clover, St Hubert Omega 3 and Frijj) in total have continued to increase, although volumes of these brands will be lower than in the same period last year.

 

Innovation remains an important part of our strategy and we have completed the development of four exciting new products during the period.   In the UK we have launched 'Chedds', a range of three new children's cheese snacks and 'The Incredible', three new premium flavours for our branded milk shake Frijj.  In France we have launched a new St Hubert non-dairy cream and are about to launch a new spread that contains seeds.

 

In our Dairies business we have continued to grow our milk sales to the major retailers and have maintained milk&more sales at over £1million / week.  However, as we identified earlier in the year, strong competition in retail milk markets has led to lower residential milk sales. 

 

We have agreed to increase the price we pay our farmers who supply our Dairies business by 1.85 pence per litre from 1 October 2011, reflecting their higher costs.  These include new bonuses for enhanced milk quality to further encourage the focus on milk quality and animal welfare.  We are in the process of negotiating selling price increases to offset the impact of this.

 

Net borrowings at 30 September 2011 will be higher than a year ago as anticipated, reflecting higher cheese stocks, increased capital investment and our previously announced purchase of M H Foods.

 

Mark Allen, Chief Executive, commented: 'We are pleased that we continue to perform as expected in this tough environment. In the first half our broad base, high quality brands and ongoing cost saving measures have allowed us to balance the conflicting demands of increased input costs and subdued consumer spending. At the same time we are investing for the future, with new products and upgraded facilities.  Overall we remain confident of delivering full year profits in line with our expectations.' 

 

Dairy Crest is hosting a site visit at its Davidstow creamery on the afternoon of Monday 19 and Tuesday, 20 September, as part of its investor relations programme. 

 

The management team will make presentations on the UK Dairy Sector, Dairy Crest's Cheese Business and Innovation. These will be made available on Dairy Crest's website at www.dairycrest.co.uk/investors.  No material new information will be disclosed in these presentations.

 

For further information, please contact:

 


Dairy Crest Group plc

Arthur Reeves

 

01372 472236

 

Brunswick

Simon Sporborg

Nina Coad

 

020 7404 5959

 


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