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reported an increase to its fourth-quarter earnings, but gave a downbeat 2017 outlook as milk volumes are still expected to face pressure. The milk seller forecast adjusted earnings of $1.35 to $1.55 per share for the current fiscal year and earnings of 12 cents to 20 cents a share for the first quarter. Analysts polled by Thomson Reuters were looking for earnings of $1.57 for the year and 40 cents for the current quarter. Dean also expects a 1% decline in volume for the current year as the dairy industry continues to be pressured by competition from alternatives like nut and plant-based milks. During the quarter, total volume slipped 0.8% to 653 million gallons. Although volume declined, Chief Executive Ralph Scozzafava said the ครีมหน้าขาว company's operating income per gallon grew about 6% for the quarter and 21% for the year. Dallas-based Dean Foods has been aiming to shift more of its business toward branded milk and ice cream products that command higher profits. Most recently, it entered an agreement with Cropp Cooperative to use Dean Foods selling and processing operations to the Organic Valley brand. Over all, Dean Foods reported a profit of $32.8 million, or 36 cents a share, up from $18.5 million, or 20 cents a share, a year earlier. Excluding items such as nonrecurring expenses, per-share earnings rose to 38 cents from 36 cents. Revenue fell 0.2% to $2.02 billion.
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"They only spoke for about three minutes and it was just a quick hello," the official said. The sources described a longer meeting in which Bannon took the time to spell out his world view. They said his message was similar to the one he delivered to a Vatican conference back in 2014 when he was running the right-wing website Breitbart News. In those remarks, delivered via Skype, Bannon spoke favourably about European populist movements and described a yearning for nationalism by people who "don't believe in this kind of pan-European Union." Western Europe, he said at the time, was built on a foundation of "strong nationalist movements", adding: "I think it's what can see us forward". The encounter unsettled people in the German government, in part because some officials had been holding out hope that Bannon might temper his views once in government and offer a more nuanced message on Europe in private. One source briefed on the meeting said it had confirmed the view that Germany and its European partners must prepare for a policy of "hostility towards the EU". A second source expressed concern, based on his contacts with the administration, that there was no appreciation for the EU's role in ensuring peace and prosperity in post-war Europe. "There appears to be no understanding in the White House that an unravelling of the EU would have grave consequences," the source said. The White House said there was no transcript of the conversation. The sources who had been briefed on it described it as polite and stressed there was no evidence Trump was prepared to go beyond his rhetorical attacks on the EU - he has repeatedly praised Britain's decision to leave - and take concrete steps to destabilise the bloc. But anxiety over the White House stance led French Foreign Minister Jean-Marc Ayrault and Wolfgang Ischinger, chairman of the Munich Security Conference, to issue unusual calls last week for Pence to affirm during his visit to Europe that the U.S.
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