Dairy Crest looks for growth

Milk, cheese and butter supplier Dairy Crest Group said yesterday it is working to restore profitability as its sales grow in the mid-single digits. The firm, which last year agreed to pay farmers more for their milk, said it intends to restructure its balance sheet and has no plans for acquisitions. Shares in the FTSE 250 group fell 3.3 per cent to 408p.