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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.
UK food producer Cranswick cooked up a revenue above £2bn for the first time, with adjusted group operating margin maintained at seven per cent.
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
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 [...]
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 [...]
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 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 [...]
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 [...]
YORKSHIRE-based food-maker Cranswick yesterday announced the acquisition of premium cooked poultry producer Benson Park. In a statement, Cranswick, a major pork producer, said: “This strategic acquisition moves Cranswick into a new protein sector broadening both the group’s product range and its customer base.” Hull-based Benson Park employs 90 people and in the year to 31 [...]
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