AGM Statement

Cranswick PLC
31 July 2006



Cranswick plc - first quarter trading update

The following statement will be made by Chairman Martin Davey at the Company's
Annual General Meeting later this morning:


'The results for last financial year were pleasing given the number of
challenges we faced:


 •  Turnover was up 38 per cent to £441 million
 •  Profit before taxation rose 44 per cent to £31.1 million
    after exceptionals
 •  Earnings per share rose 33 per cent to 51.2 pence after
    exceptionals
 •  The dividend was raised 14 per cent to 16.5 pence per share
 •  Cash generation continued to be strong
 •  Our pig herd and the surplus Cottingham site were disposed
    of
 •  Perkins Chilled Foods, acquired in January 2005, performed
    excellently


The current financial year has started well. Sales in the first quarter
increased by 12 per cent to £120 million compared with the same period last
year. Food sales showed an increase of 12 per cent to £113 million, with fresh
pork, sausages and bacon showing particularly strong growth. The performance of
the pet products business showed an improvement over the first quarter last
year.

We have been successful in gaining new business in the food activities and are
confident of achieving further gains. We look to the future with optimism.'


Enquiries:

Martin Davey    07775 576426
John Lindop     07768 362592




                      This information is provided by RNS
            The company news service from the London Stock Exchange
    
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