UK: Cranswick issues buoyant FY sales update
Bacon sales jumped 70% in Cranswick's Q4
UK meat processor Cranswick said this morning (30 March) that turnover in the year to the end of March jumped 22%, which would take the business to "the upper end" of market forecasts.
Excluding sales from Cranswick pet operations, which the company sold last April, total sales climbed 22%, thanks to organic growth of 11% and an 11% contribution from the CCF Norfolk business bought in June.
In the fourth quarter of Cranswick's fiscal year, revenues climbed 18%, with 14% attributable to CCF Norfolk.
Cranswick will issue its annual numbers on 24 May.
UK meat supplier Cranswick has appointed Jim Brisby as its sales and marketing director....
UK meat supplier Cranswick today (13 July) posted a 19% increase in first-quarter sales, primarily due to its acquisition of CCF Norfolk in June last year....
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Column: Kraft Heinz, Unilever and sustainability
- Comment: Meal kits in US - don't believe the hype
- General Mills sales woes continue - analysis
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations
- Brazil giants JBS, BRF probed over alleged bribery