UK processed meats and sandwiches producer Cranswick has reported a 16% rise in first-half pre-tax profits on the back of rising sales.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The company reported that its food business saw a 23% sales increase to GBP285.1m, with most product categories achieving double-digit growth.


Cranswick said it was gaining market share “through the development of its customer base and this, along with being positioned in a number of premium categories, which are showing good growth, is driving sales”.


Pre-tax profits jumped to GBP18m for the six months to the end of September. Revenue climbed 22% to GBP303.2m.


Cranswick said its food business had absorbed some raw material price inflation in certain areas.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The outbreak of foot and mouth disease and start-up costs related to its acquisition of DeliCo last year had led to increased costs but these had been offset by the increase in sales, the company said.
 

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now