Cranswick, the Hull-headquartered food producer, has reported inside of a trading update that total and like-for-like revenue were both killing the prior year.
Each in the Group’s categories delivered “positive volume growth”. Cranswick said the rise was underpinned by way of strong performance over the Christmas sales.
Moreover, total export sales were also well ahead.
The update added that price tags would reflect the downward trend in UK pig prices.
The Group continues to invest at record levels across its asset base within a bid to extend capacity, add new capability and to further drive operating efficiencies.
Construction of their new continental products facility in Lancashire is advancing well, the Group said, with completion slated for your first half our next financial year.
It also declared that plans for just a new primary poultry facility in Suffolk go on to develop.
Cranswick carry on being well positioned money for hard times. Indeed, that has a strong range of products, a well-invested asset base and a “robust financial position”, the Board claimed it is certain about each prospects of your remainder of the existing financial year as well as continued long lasting success on the business.