Cranswick plc reports increased sales for Q1 2015/16

Yorkshire-based Cranswick plc has reported sales 8% higher in the three months to June 30, 2015, than they were in the same perod last year.

Underlying sales – excluding the contribution from the recently acquired poultry business Benson Park and Cranswick’s pig breeding and finishing activities – were 4% higher than last year, with corresponding volumes up 7% as the benefit of lower input prices continues to be passed on to the group’s customers.

Export sales to Far Eastern markets maintained their positive momentum, with volumes in the quarter 14% ahead of Q1 in the 2014/15 financial year.

 

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About The Author

Graeme Kirk has been editor of Pig World since March 2013. Born into a farming family in South-west Scotland, he’s spent his career in agricultural journalism.