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First Milk posts profits increase on back of Wiseman Dairies sale
date:Jun 22, 2012
r litre (ppl) and those in its cheese and balancing pools benefitted from a price increase of 2.98ppl.

Investments and acquisitions

The firm made a series of acquisitions and investments during the year, which contributed to a 3m increase in the firms net debt, taking the total to 47m.

This however was offset by the sale of its Robert Wiseman Dairies shares, said the firm.

During FY 2012, First Milk bought two businesses a soft and grated cheese operation in Scotland and a sports nutrition

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