Cranswick brings home bacon
UK - Strong demand for bacon and sausages underpinned a solid three months for food producer Cranswick.Total sales in the quarter to December increased by 48% to 3112m with acquisition Perkins chipping in sales of 330m.
Food division sales rose by 55%, with sausages and bacon showing particularly strong growth, the statement said.
Total fresh pork sales increased by 15%, while third party sales of animal feed increased significantly reflecting sales to the pig rearing activities, which are now owned outside the group.
Sales were marginally down in the pet business. Cashflow has been in line with expectations, Cranswick added.
Source: Sharecast
27 January 2006
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