StockMarketWire.com
"Milk producer Robert Wiseman Dairies warned this morning that operating profits will be impacted by around 7m in the second half of the year, as a result of recent intense competitive pressures hitting margins.

For the 23 weeks up to and including 11th September, overall milk sales have grown by 8.5% in comparison to the same period last year, with sales benefiting from volume gains made in the previous year. The group said it remains confident that sales volumes for the year will be in line with expectations.

As a result of recent intense competitive pressures across all sectors of the market operating profits will be impacted. Whilst anticipated volumes for the year remain unchanged, operating profits will be impacted by around 7m in the second half of the year to 2nd April 2011 and, assuming no improvement in margins or volume gains, by approximately 16m in the full financial year to 31st March 2012.

Wiseman said the reduction in anticipated profit is very disappointing, but it believes it is best placed within the dairy industry to manage the impact of a highly competitive trading environment going forward.

The financial performance continues to be impacted by volatility in oil related costs, which have remained higher in the current period than in the equivalent period of the previous year.

While fuel costs have eased, the cost of plastic has not declined by the same level. The higher oil related costs incurred have been mitigated by the contribution from higher cream revenues, which have exceeded those generated in the same period of last year. These higher returns also helped support an increase in the price paid for raw milk supplies from August.

Plans to install the final element of capacity at Bridgwater are progressing satisfactorily and the dairy will have a total capacity of 500 million litres per annum available from November 2010. Further to this, we will have a dairy and depot network in place to allow the medium-term target of 2 billion litres of sales to be met.

Wiseman said it intends to maintain the total dividend payments for the current year at 18p per share in line with last year and retain a strong balance sheet with low levels of debt.

Interim Results for the six months ended 2nd October 2010 will be published on Monday, 15th November 2010. "

Back to 300p I guess.

Not completely sure whether to buy some.

These are strong today with volume - any followers?

And now in auction!

Blast - a bit slow there :-

Statement regarding rise in share price

The Board of Robert Wiseman Dairies PLC ("Robert Wiseman Dairies" or the "Company") notes the recent rise in the Company's share price. The Board confirms that discussions regarding a possible cash offer are taking place with Müller Dairy (U.K.) Limited (a wholly-owned subsidiary of Unternehmensgruppe Theo Müller S.e.c.s) ("Müller"). There can be no certainty that any offer will be made for the Company.

For the purposes of Rule 2.6(a) of the City Code, The date by which Müller must either announce a firm intention to make an offer for Robert Wiseman Dairies or confirm that it will not do so is 10 February 2012. This deadline will not be extended other than with the consent of the Takeover Panel.

In auction again +18.9%

Well I managed to take 30 points - so not too sad.

Bit late bringing this to our attention skinny........shame on you.,.

BB - the shares were at 265p when I posted :-)

Post 11, I hope you did mitzy. :-)

Leak, what leak. Offer for Robert Wiseman Dairies PLC

RNS Number : 6567V

Unternehmensgruppe Theo Mueller

16 January 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

FOR IMMEDIATE RELEASE

16 January 2012

Acquisition of shares in Robert Wiseman Dairies PLC ("Wiseman") by Muller Dairy (U.K.) Limited ("Muller Dairy (UK)") (a wholly-owned subsidiary of Unternehmensgruppe Theo Muller S.e.c.s ("Muller")).

Muller confirms that Muller Dairy (UK) today acquired 8,973,825 Wiseman Shares representing approximately 12.7 per cent. of the issued share capital of Wiseman at a price of or below 390 pence per Wiseman Share, including from F&C Fund Management Limited and F&C Management Limited who had already given an irrevocable in respect of the Offer.

Muller now owns, has received irrevocable undertakings or has a letter of intent over a total of 44,287,523 Wiseman Shares, representing approximately 62.6 per cent. of the issued share capital of Wiseman as at the date of this announcement. Updated details of the irrevocable undertakings are set out below in full.

Defined terms used in this announcement have the same meaning as those in the announcement of the firm intention to make the Offer dated 16 January 2012.

A copy of this announcement will be available at www.muellergroup.com

The content of the website referred to in this announcement is not incorporated into and does not form part of this announcement.