Tesco dairy supplier Wiseman posts 'encouraging' results

UK-based Robert Wiseman Dairies today reported a 12.2% increase in profits, but said higher raw material prices would cost it more than £1m (€1.44m) in the second half.

Glasgow-based Wiseman said pre-tax profits had risen to £15.3m (€22.2m) from £13.6m (€19.7m) in the six months to October 2.