Trading Statement

Cranswick PLC
25 January 2002



Analysts' meeting 25th January 2002


Cranswick is meeting with a cross-section of UK food analysts later today to
present to them a portfolio of the Company's latest products. At this meeting
the following statement will be made on current trading:


'The third quarter saw a continuation of the strong performance achieved in the
first half of the financial year with a continuing trend in the sales mix of the
business towards value-added products. As a result the profit before taxation
and goodwill amortisation for the full year is likely to be marginally ahead of
management's previous expectations. The final dividend will be not less than
14.0p per share giving a full year dividend of not less than 19.5p per share
(2001 full year dividend 16.5p).


Group sales were £61.3m compared with £50.0m a year ago despite the quarter
comprising only 12 complete trading weeks compared with 13 the year previously.
Food sales increased from £32.1m to £41.4m reflecting strong growth from the
premium sausage business and a good contribution from Continental Fine Foods.


Animal feed sales were up 12 per cent in volume terms and there was a recovery
in margins following the recent capacity rationalisation in the industry.
Livestock marketing traded the same number of pigs as a year ago which was a
pleasing performance considering the 13 per cent reduction seen in the first
half as a result of the decline in the UK pig herd. In the pet activities sales
increased by 38 per cent which was principally attributable to the growth in
sales of bird and small animal food.'




Martin Davey, Chief Executive     07775 576 426

John Lindop, Finance Director     07768 362 592




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