Dairy Crest's (DCG) half-year results on Thursday (6 November) will bring with them some sombre figures. Zero pre-tax profit growth is likley - after its dairies business became loss-making in the period - despite an £8m contribution from property profits.
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Things might improve in the second half, but analysts aren't expecting profit growth for the full-year either. Numis Securities, for instance, expects EPS to remain flat in 2014-15 at 40.4p. Rumours of contract renegotiations with Marks & Spencer (MKS) and Wm Morrison (MRW) are also unhelpful.
