Cranswick tick up in revenues

UK FOOD producer Cranswick yesterday said quarterly results were in line with management expect­ations after reporting a five per cent rise in revenues.

The results, for the quarter ending June, showed operating margins in the quarter were stable.

Its debt also fell to £22m from the same point last year to £33m. It highlighted the £120m credit facilities available to the group to underline its strong operating basis.

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