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 [...]
Cranswick gobbles up Yorkshire cooked poultry product firm October 23, 2014 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 [...]
Cranswick’s sales lifted by high pork demand but margins suffer May 19, 2014 PORK specialist Cranswick beat expectations yesterday with full-year profits up six per cent to £52.2m, driven by increased consumer demand for British pork, but saw its margins squeezed by higher pig feed prices. Revenues leapt 14 per cent to £994.9m after Cranswick launched new products including a range of premium pastries including pies, sausage rolls [...]
Robust results for Cranswick as pig rearing grows April 7, 2014 Cooked meats producer Cranswick has reported another solid set of results, despite tougher market conditions. Against a backdrop of a weaker UK grocery market and record pig price levels, total sales increased 13 per cent last year, with underlying sales (which excludes bolt-on acquisition activity) up 12 per cent, according to a trading update. The [...]
Cranswick stock sizzles as Britons put more sausages in frying pan January 30, 2014 SHARES in pork specialist Cranswick rose more than four per cent yesterday after strong third quarter results prompted analysts to hike their full-year profit forecasts. The FTSE 250 firm, which supplies supermarkets including Sainsbury’s with upmarket sausages and cooked meats, said underlying sales in the three months to 31 December rose by 13 per cent, [...]