Cranswick sales up on high volumes
Pork supplier Cranswick Plc said on Tuesday its first-half revenue rose 8 percent, helped by strong weekly volumes processed at its Norfolk site that it acquired in June last year.
The Hull-based company, which supplies fresh pork and gourmet sausages to Britain's food retailing and manufacturing sectors, said overall operating margin for the six months ended September 30 was in line with its expectations.
Cranswick said net debt at the half-year end was substantially lower than that of a year ago and below the 54 million pounds reported at June-end.