date:May 22, 2012
The firm has reported 2011/12 preliminary results a little ahead of analysts forecasts, with underlying revenue growth of 10%. Adjusted pre-tax profit reached 45M (against a forecast of 44.2M) after including losses of 712k from the sale of its meat plant Farmers Boy Deeside.
With its lower price point, pork has been taking market share from other red meats as consumers tighten their belts in the recession. But Cranswicks sales have been further boosted by strong export markets in South East As