The Dairies division comprises Dairy Crest’s Liquid Products and Ingredients and Household activities. Revenue in the year increased by 4%, reflecting higher milk prices. However profit on operations* fell to £7.9 million in difficult trading conditions. A number of actions have been taken to address this, including reducing the price we pay for milk
| £ million | 2008/09 | 2007/08 |
| Revenue | 1,110 | 1,070 |
| Profit on operations* | 7.9 | 31.6 |
| Margin | 1% | 3% |
| * Excluding amortisation of acquired intangibles and before exceptional items. | ||