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Cranswick said pastry products business grew "strongly"UK: FY sales up, margins dip at meat group Cranswick

7 April 2014

UK meat products supplier Cranswick today (7 April) met City expectations with higher annual sales but a fall in operating margins amid "record" input costs.

UK: Cranswick sales driven by LFL growth

30 January 2014

Cranswick has booked a 14% increase in third-quarter revenues, driven by like-for-like gains and strong demand for pork products in the UK.

UK: Cranswick H1 earnings, sales climb

25 November 2013

UK pork processor Cranswick saw its earnings and sales climb in the first half of its financial year, boosted by new products and customers.

UK: Cranswick records "strong" H1 sales growth

7 October 2013

UK pork processor Cranswick today (7 October) said it managed to record "strong" sales growth in the first half, despite the "challenge" of raw material price inflation.

UK: Tesco "disappointed" over British pork sourcing discovery

16 September 2013

Tesco has said it is "extremely disappointed" over the discovery that a pork loin product it labelled as British sourced may have originated from the Netherlands.

UK: Sales up but margins down at Cranswick

29 July 2013

UK pork processor Cranswick today (29 July) reported an increase in quarterly sales but said margins were down amid higher pig prices.

On the money: UK pork group Cranswick open to more acquisitions

20 May 2013

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.

What the analysts say: UK meat group Cranswick reports "positive" FY

20 May 2013

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: Cranswick shares climb on "positive" FY

20 May 2013

Cranswick saw its share price climb this morning (20 May) as the UK pork group reported a "pleasing" set of annual results.

The week ahead - M&S, Dairy Crest FYs, Hormel Foods H1s

20 May 2013

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.

Editor's choice: the highlights on just-food this week

3 May 2013

M&A - as ever - was a hot topic on just-food this week. Some deals were done - Hain Celestial acquired UK organic baby food firm Ella's Kitchen and PAI Partners snapped European own-label giant R&R Ice Cream. Potential transactions were speculated about - the spin off of WhiteWave Foods prompted rumours over possible suitors and Unilever's ongoing problems in spreads led to talk it could one day sell the unit.

Quote, unquote: just-food's week in words

3 May 2013

Two UK-based firms were the subject of takeovers this week: R&R Ice Cream, Europe's largest own-label ice cream firm, changed hands after PAI Partners struck a deal to buy the business; and Hain Celestial snapped up UK organic baby food brand Ella's Kitchen.

Interview: Cranswick looks to ramp up pig production business

30 April 2013

UK pork processor Cranswick has acquired pig rearer East Anglian Pigs. Cranswick chief executive Adam Couch says pig production will form an "important" part of the group's operations going forward and plans to ramp up investment in this side of its business. Michelle Russell caught up with Couch to find out more.

UPDATE: UK: Cranswick's EAP deal will offer "greater transparency"

30 April 2013

Cranswick has said its acquisition of pig breeder East Anglian Pigs will bring it closer to the supply base and offer consumers greater transparency in provenance and quality assurance

UK: Cranswick acquires East Anglian Pig operations

30 April 2013

UK pork group Cranswick has acquired pig breeder East Anglian Pigs Limited (EAP) for an undisclosed sum.

UK: Cranswick sees FY sales gains

4 April 2013

UK pork processor Cranswick has booked an increase in sales for the year to the end of March, boosted by underlying growth and its acquisition of Kingston Foods.

In the spotlight: Boparan continues M&A march with Vion buy

5 March 2013

Boparan Holdings, the parent company of 2 Sisters Food Group, has continued its drive to rapidly expand its footprint with the announcement that it has acquired the remaining Vion meat businesses in the UK. Katy Askew takes a look at how ambitious 2 Sisters hopes to succeed in a market where Vion struggled.

Comment: Horsemeat saga exacerbates ready meal sales decline

5 March 2013

Nearly two months into the horsemeat scandal that has rocked the food industry, UK figures highlighting a sales slowdown in ready meals raise the question of whether this is a temporary blip or a long-term structural decline.

UK: Cranswick opens new facility on Asda contract win

1 February 2013

UK pork group Cranswick will open a new production facility on the back of a "significant" contract win to supply fresh pork to Asda, financial director Mark Bottomley has told just-food.

UK: Cranswick manages margins, sales increase

31 January 2013

UK pork producer Cranswick has managed record high pig prices and grown sales during its third quarter.

The just-food review of 2012: Commodity swings remain part of landscape

18 December 2012

Volatility in global commodity markets remained a significant factor for the food industry during 2012. On the one hand, adverse weather conditions hit grain harvests causing prices to spike, while on the other, over-supply has meant cocoa and sugar prices have continued to fall. Katy Askew takes a look at some of the major developments on the commodities markets over the past 12 months.

Category crunch: UK pork sector in state of flux

5 December 2012

The UK pork sector hit the headlines when Dutch food group Vion announced plans to exit the market. The sudden withdrawal of a major player highlights the challenges pork processors are grappling with, including rising input costs and tough pricing negotiations. Nevertheless, as the sector embarks on a process of consolidation and capacity is taken out of the category, the balance of power could be shifting down the pork supply chain. In part one of our two part Category Crunch, Katy Askew examines some of the issues facing the sector.

Category crunch: UK pork processors focus on growth

5 December 2012

The UK pork sector is in a state of flux. Pig meat prices have been forced up by a number of factors - ranging from higher input costs to constricting supply and pending European animal welfare regulations. Cost increases are therefore being passed down the chain as retailers look to balance the need to secure supply against the pressure of operating in a constrained consumer environment. In part two of our Category Crunch, Katy Askew looks at the different strategies that pork processors are employing to grow revenues.

NETHERLANDS/UK: Vion nears MBO of UK pork business

29 November 2012

Dutch food group Vion, which plans to quit the UK, is close to a deal with management over its UK pork business.

UK: Cranswick "progress" on price talks boosts shares

26 November 2012

Shares in UK meat processor Cranswick were up this morning (26 November) after the company said talks to secure price increases to offset higher costs were "progressing well".

Best bits: Vion UK exit set to strengthen rivals

26 November 2012

Vion's plans to exit the UK could strengthen the hand of the meat giant's local rivals Cranswick and Hilton Food Group, operating in a market with over-capacity and facing high feed and pig costs.

UK: Cranswick launches "single-serve" Bertie's Bangers sausage

19 October 2012

UK meat processor Cranswick has claimed a market first with the launch of a "single-serve" sausage range.

UK: Concern over pig prices hits Cranswick shares

8 October 2012

Concern over the impact higher pig prices could have on UK meat processor Cranswick sent the company's shares falling today (8 October).

UK: Asda extends sustainability drive

3 October 2012

UK supermarket operator Asda has unveiled plans to extend its sustainability partnership with suppliers after the group’s investment in sustainability generated an 85% increase in cost savings, which rose to GBP13m (US$20.9m) last year.

UK: Cranswick to build production facility

23 August 2012

UK sausage and bacon supplier Cranswick is joining forces with pie maker Yorkshire Baker to build a production plant in the north of England.

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