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Dairy firm Robert Wiseman to launch 'purer milk'

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Dairy firm Robert Wiseman to launch 'purer milk' Empty Dairy firm Robert Wiseman to launch 'purer milk'

Post by Mr007 Tue Nov 15, 2011 7:28 am

Glass of milk The milk is popular with people who believe they are lactose intolerant

Dairy firm Robert Wiseman is to start selling a "purer" type of milk - thought to be more suitable for people with dairy intolerance - in the UK.

It has teamed up with a New Zealand firm to launch a2 Milk.

The East Kilbride group claims the "original" milk has a formula which is similar to that produced by cows thousands of years ago.

The dairy firm made the announcement as it unveiled a sharp fall in pre-tax profits due to increased costs.

In the six months to October, pre-tax profits fell by 42% to £11.8m.

The company supplies a third of the fresh milk consumed in the UK.

Robert Wiseman Dairies has put up the prices paid to its farmers three times since March and the cost of some of its raw materials, such as the plastic resin used in bottles, has also risen.

Wiseman warned the squeeze on its margins could intensify if costs rose further, but said it hoped to make efficiency savings to offset the pressures.

Dairy firm Robert Wiseman to launch 'purer milk'
Glass of milk The milk is popular with people who believe they are lactose intolerant
Continue reading the main story
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Dairy firm Robert Wiseman is to start selling a "purer" type of milk - thought to be more suitable for people with dairy intolerance - in the UK.

It has teamed up with a New Zealand firm to launch a2 Milk.

The East Kilbride group claims the "original" milk has a formula which is similar to that produced by cows thousands of years ago.

The dairy firm made the announcement as it unveiled a sharp fall in pre-tax profits due to increased costs.

In the six months to October, pre-tax profits fell by 42% to £11.8m.

The company supplies a third of the fresh milk consumed in the UK.

Robert Wiseman Dairies has put up the prices paid to its farmers three times since March and the cost of some of its raw materials, such as the plastic resin used in bottles, has also risen.

Wiseman warned the squeeze on its margins could intensify if costs rose further, but said it hoped to make efficiency savings to offset the pressures.

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Mr007

Posts : 267
Join date : 2011-03-01

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