Cranswick

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Comment: Multinationals face local challenge

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 open to more M&A

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 deve...


What the analysts say: Cranswick FY

Michelle Russell | 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.


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

Dean Best | 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.


Boparan continues M&A march with Vion buy

Katy Askew | 5 Mar 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.


Horsemeat saga exacerbates ready meal sales dip

Michelle Russell | 5 Mar 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.

Latest Interviews

just-food interview: Cranswick's export ambitions

Katy Askew | 21 May 2014

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.


Interview: Relevance key to Cranswick growth

Katy Askew | 20 May 2014

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.

Latest News

Food industry results in brief - Yakult, Pilgrim's

Hannah Abdulla | 31 Jul 2015

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.


Results in brief - Tiger Brands, Total Produce

Dean Best | 26 May 2015

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.


Cranswick sees Q4 sales increase

Hannah Abdulla | 9 Apr 2015

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 reports "strong" Christmas

Katy Askew | 29 Jan 2015

Cranswick's third-quarter revenue was "marginally ahead" of last year despite lower pricing in what remained a "competitive" environment.


H1 underlying earnings up at Cranswick

Hannah Abdulla | 24 Nov 2014

UK pork processor Cranswick reported higher underlying profit but a dip in reported earnings for the first half of the year.


Cranswick expands in poultry with Benson Park buy

Katy Askew | 23 Oct 2014

UK pork processor Cranswick has expanded its presence in the UK poultry category through the acquisition of premium cooked poultry firm Benson Park.


Cranswick expects return to growth after Q2 slump

Katy Askew | 6 Oct 2014

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.


Heck eyes "premium" sausage leadership

Dean Best | 15 Sep 2014

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.


Cranswick Q1 "in line with expectations"

Dean Best | 28 Jul 2014

UK meat supplier Cranswick today (28 July) reported trading in its first quarter had been in line with the company's expectations.


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

Dean Best | 27 May 2014

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.


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

Katy Askew | 23 May 2014

This week saw further evidence of the growing international focus evident from Japanese food powerhouses who are being forced to look overseas for growth to offset weak consumption trends at home when Japan's Mizkan purchased Ragu and Bertolli from Unilever.


Cranswick eyes Asia expansion in overseas push

Katy Askew | 21 May 2014

Cranswick, the UK pork processor, is looking to grow its export business, with plans to target markets in Asia with more premium products.


UK meat group Cranswick beats expectations

Katy Askew | 19 May 2014

UK meat group Cranswick saw off the challenge of rising pork prices to book expectation-beating full-year profits this morning (19 May).


FY sales up, margins dip at meat group Cranswick

Dean Best | 7 Apr 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.


Cranswick sales driven by LFL growth

Katy Askew | 30 Jan 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.


Cranswick H1 earnings, sales climb

Michelle Russell | 25 Nov 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.


Cranswick records "strong" H1 sales growth

Michelle Russell | 7 Oct 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.


Tesco "disappointed" over pork sourcing discovery

Michelle Russell | 16 Sep 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.


Sales up but margins down at Cranswick

Dean Best | 29 Jul 2013

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


Cranswick shares climb on "positive" FY

Michelle Russell | 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.


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

Dean Best | 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

Dean Best | 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.

Latest blogs

Western Australia, China strengthen ties via food industry

Hannah Abdulla | 9 Jun 2014

Western Australia is strengthening its ties to China via the food industry.

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