Pig farms, poultry and houmous: Cranswick profit rises after meaty investments pay off Food Cranswick profit rose nearly a quarter to £176.6m as a string of investment in houmous, poultry and pig farming facilities paid off.
Cranswick remains ‘cautious’ as it tackles inflation with 25 per cent profit gains Food Industry UK food producer Cranswick has regained strong positioning after inflation took its toll this year, reporting a 12.3 per cent increase in revenue in its half-year interim results today.
Cranswick cooks revenue above £2bn for first time as the food firm weathers supply and labour storm Cranswick UK food producer Cranswick cooked up a revenue above £2bn for the first time, with adjusted group operating margin maintained at seven per cent.
Cranswick enjoys in-home dining boost but battles with pork backlog February 3, 2022 Food producer Cranswick has reaped the rewards of more in-home dining amid the pandemic – a trend which has remained strong over the past three months. While trading over the festive period was “comfortably ahead” of the same period in 2020, the food producer was hit by widespread labour and supply chain challenges. The [...]
Bringing home the bacon: Pork producer Cranswick raises dividend and Covid bonus after bumper year May 18, 2021 Bringing home the bacon: Pork producer Cranswick raises dividend and Covid bonus after bumper year
Meat producer Cranswick’s profits sizzle thanks to at-home cooking November 24, 2020 Cranswick’s first-half profits were up 31 per cent today as stuck-at-home consumers bought more of its pork and chicken products. Cranswick, which owns farms and supplies pork and chicken to British supermarkets, reported adjusted group operating profit of £62m for the six months ended September 26, compared with £47.4m a year ago. The firm supplied sandwiches [...]
Cranswick shares crash as it unveils turkey of a trading update February 7, 2019 Shares in FTSE 250-listed food producer Cranswick took a pounding this morning after it revealed its operating margin may decline next year. Cranswick’s shares were trading down 15 per cent at 2,504p around midday, having fallen as low as 2,340p earlier in the day. Read more: Greencore bags The Sandwich Factory from Cranswick in tasty [...]
Sizzling Christmas fails to stop Cranswick revenues going cold January 29, 2015 BRITISH pork and pies producer Cranswick saw its shares close down almost two per cent yesterday after it announced underlying revenues for the third quarter were down three per cent. Shares in the FTSE 250-listed company closed down 1.84 per cent yesterday. The company put the bad quarter down to input prices growing, which were [...]
Sausage maker Cranswick heats up its dividend November 24, 2014 Sausage maker Cranswick yesterday announced it would be raising its interim dividend, prompting shares to climb more than five per cent. The Yorkshire-based food producer boosted its interim dividend by six per cent to 10.6p per share, from the 10p previously announced despite a slip in pre-tax profit and revenues in its interim results. Cranswick [...]
Cranswick share price rises despite fall in revenue and profit November 24, 2014 Shares in Yorkshire-based food producer Cranswick shot up by almost five per cent this morning, as the company announced it would be raising its interim dividend. The company boosted its interim dividend by six per cent to 10.6p per share, from the 10p previously announced despite a slip in pre-tax profit and revenues in [...]