Strong final-quarter sales for Cranswick

Cranswick plc finished its 2014/15 financial year with a strong final quarter, the company has announced.

Underlying sales volumes were 4% ahead of the corresponding quarter a year ago, but the firm says that because lower input prices were passed on to customers, there was only a 1% increase in sales in cash terms.

Total sales volumes for the year ended 1% higher, helped by strong export sales to non-EU markets.

In its statement on the latest figures, Cranswick said the numbers excluded the contribution from acquisitions in 2014/15, and sales from the company’s in-house pig breeding, rearing and trading activities in both the 2014/15 and prior financial years.

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