Cranswick Q1 revenues rise on demand for premium products
UK food producer Cranswick Plc held annual guidance as like-for-like revenue rose 7.9% on the back of new business wins and increasing consumer demand for premium natural protein.
Export revenue in the 13 weeks to June 28 was "strong", reflecting higher volume and pricing growth after the reinstatement of a China export licence for the company's Norfolk fresh pork site in December.
Cranswick still expects adjusted profit before tax of £206.5m and £213.6m, according to a company-compiled consensus of broker forecasts.
Group reported revenue was 9.7% ahead of the same period last year, with Blakemans, which was acquired on 16 May 2025, making a positive contribution in line with expectations.
Reporting by Frank Prenesti for Sharecast.com
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