
Fasterherdexpansionandown-brandmilksalestodriveearnings.HerdsizegrowthissettoaccelerateasCMDresumespurchasing10,000heifersperyearin2014and2015.Weraiseourmilkvolumeestimatesby11%forCY14and22%forCY15onourincreasedherdsizeassumptions,andweprojectmilkvolumewillgrow29%and14%,to1mtonnesinCY15.Weexpectfastergrowthofown-brandmilkduetorisingutilizationofproductionlinesinCY14andincreasedprodu...