Wiseman chilled by rising operating costs
12/11/2007 - 09:09:07UK dairy Robert Wiseman today said it was feeling the pinch from soaring oil prices as it revealed general interim operating costs had risen by 10%.
The group said transport costs rocketed as crude oil prices surged past $90 US a barrel for the first time, while the cost of plastic used in its packaging also hit all-time highs.
However, Glasgow-headquartered Robert Wiseman added that sharp increases in the price of milk seen on the back of commodity cost increases had helped drive half-year turnover up to a record £327.6m (€466.3m), an increase of 12%.
