UK – New research from Plimsoll Publishing suggests that 26% of dairy companies are using debt to gain market share.

Plimsoll calls these companies ‘chancers’ in its Strategic risk index of the dairy industry. According to the report they increased sales by almost ten times the industry norm, capturing extra market share. Yet they are carrying two and a half times the level of debt as their competitors. The report also claims that 75% of these companies are at high financial risk.

Almost two thirds (65%) of the businesses drawn to this risk strategy are larger ones with sales over