Dairy firm Robert Wiseman warns on profits
LONDON, May 12 (Reuters) - Scottish dairy group Robert Wiseman (RWD.L: Quote, Profile, Research, Stock Buzz) said on Monday profits this financial year would be hit by a combination of rising energy and wage costs and a delay in increasing selling prices.
The group said the costs and delays could hit operating profit by as much as 8.5 million pounds ($16.6 million) this financial year
It reported an adjusted operating profit of 38.4 million pounds, up 10.1 percent, for the year ended March 29. (Reporting by Mark Potter, Editing by Chris Wills)
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