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DAIRY CREST MILKS IT

DAIRY Crest said its full-year pretax profit was ahead of the prior year, helped by investment in its brands and cost cuts, and it was comfortable with market forecasts for the year. The company said it reduced its borrowings by £140m, or nearly 30 per cent, over the past 18 months. The company, who uses Angelina Jolie (pictured) in its adverts said it expected its year-end debt to be below £350m, 15.7 per cent lower than last year.