Cranswick PLC
27 January 2006
Cranswick plc ('Cranswick' or 'the Company') - third quarter trading statement
Trading for the Company as a whole in the third quarter to 31 December 2005 was
in line with management's expectations.
Total sales increased by 48 per cent to £112 million compared with the same
period last year. Perkins, which was acquired in January 2005, performed well
with sales of £30 million.
The food division in total saw sales increase by 55 per cent. Within this
figure, sales of food products increased by 58 per cent (9 per cent excluding
Perkins) with sausages and bacon showing particularly strong growth. Total fresh
pork sales increased by 15 per cent, the whole of which can be attributed to
increased sales within the group. Third party sales of animal feed increased
significantly reflecting sales to the pig rearing activities which are now owned
outside the group. Sales were marginally down in the pet business.
Cashflow has been in line with expectations.
Enquiries:
Cranswick plc
Martin Davey, Chairman 01482 372080 (mobile 07775 576426)
John Lindop, Finance Director 01482 372090 (mobile 07768 362592)
This information is provided by RNS
The company news service from the London Stock Exchange
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