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.
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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.