Cranswick, the UK meat processor, has its origins in pigs but this week the company struck its second deal in the country's poultry sector i...
Food companies in developed markets are increasingly looking to cash in on the potential offered by high-growth emerging markets. But as dat...
UK pork group Cranswick has said it is open to making more acquisitions and will continue to chase opportunities for growth in a bid to develop the business further.
UK pork group Cranswick this morning (20 April) booked an increase in adjusted annual earnings and in sales. Profits exceeded analysts' expectations. Overall, analysts offered a positive review of the results.
UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.
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UK pork processor Cranswick processes one-quarter of pigs reared in the country - and the company has ambitions to increase its throughput further still. As we heard in part one of the just-food interview, Cranswick is driving domestic growth through a focus on innovation. It also has an eye on overseas expansion with strong export growth helping to propel sales expansion. Chief executive Adam Couch spoke to just-food about Cranswick's drive to raise production levels and increase exports.
UK pork processor Cranswick has grown sales over the past year through some significant contract wins and adjustments to its product mix. The company has also successfully negotiated higher prices despite weak economic sentiment and fierce competition between the country's largest retailers. One of the keys to Cranswick's success has been innovation to keep its product portfolio relevant, CEO Adam Couch told just-food in part one of the just-food interview.
Cranswick, the UK meat group, reported an 11% rise in revenue for the three months to end-June, boosted by "strong" volume growth and the contribution from acquired businesses.
Convenience food maker Greencore announced today (25 July) that it has acquired The Sandwich Factory Holdings from Cranswick, in a deal valued at GBP15m (US$19.7m).
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Higher volumes have enabled UK meat group Cranswick to book a jump in full-year sales and earnings.
Bodega, the olive business that is part of Cranswick's continental fine foods division, has announced the launch of a grain salad range and a selection platter in the UK.
UK meat group Cranswick has acquired integrated poultry company CCL Holdings and its subsidiary Crown Chicken for GBP40m (US$56.5m).
UK meat firm Cranswick said that it continued to see the "positive trend" in sales as it rounded out 2015, with an increase in fourth-quarter sales by both value and volume.
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UK meat processor Cranswick has reported a rise in revenues for the third quarter.
Cranswick, the UK food processor, has added to its range of branded meat products on sale in its domestic market with the launch of cooked meats brand Welly.
Half-year profits at UK meat processor Cranswick have jumped on the back of underlying sales growth, last year's acquisition of poultry group Benson Park and a tighter focus on costs.
Cranswick, the UK-based meat processor, today (1 October) reported a 10% rise in first-half revenue, with sales accelerating in the second quarter of its financial year.
The results announced this week included improving sales and profits at Yakult, better earnings but lower sales at US poultry group Pilgrim's Pride and growth at Mexican dairy processor Grupo Lala.
South Africa's Tiger Brands grabbed the headlines this week with news of the over-stating of sales at its Kenyan arm inflating local profits last year. Elsewhere, Ireland's Total Produce lifted its earnings forecast and said it was on the look-out for more M&A. UK meat group Cranswick reported mixed annual results.
Pork processor Cranswick has seen a sales increase in the fourth quarter of the year as a result of lower input prices being passed on to customers.
Cranswick's third-quarter revenue was "marginally ahead" of last year despite lower pricing in what remained a "competitive" environment.
UK pork processor Cranswick reported higher underlying profit but a dip in reported earnings for the first half of the year.
UK pork processor Cranswick has expanded its presence in the UK poultry category through the acquisition of premium cooked poultry firm Benson Park.
UK pork group Cranswick insisted this morning (6 October) it is well "well-placed to deliver further growth" in what remain "competitive" markets, despite a dip in second-quarter sales.
UK sausage maker Heck Foods wants to become the leading producer of upmarket bangers in the country, the private-equity firm that has become a minority investor in the company has said.
UK meat supplier Cranswick today (28 July) reported trading in its first quarter had been in line with the company's expectations.
Japan's Mizkan Group got out the chequebook again this week, with the acquisition of Unilever's North American pasta sauces business. The deal followed its 2012 purchases of brands including Branston and Haywards from Premier Foods in the UK. Elsewhere, we ran interviews with the CEOs of UK pork processor and dairy group Adams Foods.
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