First Milk Delivers Strong Set of Results

First Milk has posted its 2007/08 results showing increases in turnover, operating profit and profits before taxes, which CEO Peer Humpheys describes as 'very good'.

* Group turnover up 24% to £602m (2007: £484m)
* Operating profit up to £9.66m (2007: £0.52m)
* Profit before tax up by £5.5m to £3.5m (2007: £2.01m loss)
* Processing interest payment of £1.85m made to members