UK dairy industry to grow 1% in 2002

Posted 17 January, 2002
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UK – A report to be published at the end of the month will predict that Britain’s dairy industry is to grow by 1% in 2002.

However the report, to be published by Plimsoll, warns that this growth may not be seen across the entire industry and predicts that half of dairy businesses will see no growth at all.

That follows news that almost 40% of UK dairy companies are currently making a loss.

The first Plimsoll report for 2002 will show that 15 UK dairy companies managed to grow by over a quarter. However, the analysis will show that eight of those companies have put themselves in high financial risk.

It also shows that the UK’s Muller UK, one of the UK’s largest dairy firms, grew by 26.2% last year.

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