27th Jan 2006 07:01
Cranswick PLC27 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 wasin line with management's expectations. Total sales increased by 48 per cent to £112 million compared with the sameperiod last year. Perkins, which was acquired in January 2005, performed wellwith sales of £30 million. The food division in total saw sales increase by 55 per cent. Within thisfigure, sales of food products increased by 58 per cent (9 per cent excludingPerkins) with sausages and bacon showing particularly strong growth. Total freshpork sales increased by 15 per cent, the whole of which can be attributed toincreased sales within the group. Third party sales of animal feed increasedsignificantly reflecting sales to the pig rearing activities which are now ownedoutside the group. Sales were marginally down in the pet business. Cashflow has been in line with expectations. Enquiries: Cranswick plcMartin 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 ExchangeRelated Shares:
Cranswick