Loading…
Loading…
RBC Capital Markets has upgraded Cranswick PLC (LSE:CWK), the FTSE 250 premium food producer, to 'outperform' from 'sector perform', raising its price target to 6,100p from 5,500p and lifting earnings forecasts by 4% to 5% across its outlook. Analyst Ross Broadfoot said a recent site visit and strong financial year 2026 delivery have reinforced his confidence that Cranswick's competitive advantages are durable and growing.
Cranswick LON: CWK reported what management described as a strong year of strategic and financial progress for fiscal 2026, with volume-led revenue growth, higher margins and another increase in its dividend.
Pig and chicken farmer Cranswick PLC (LSE:CWK) said it expects fatter full-year profit after the past quarter saw strong sales growth across all of its product categories, including a record Christmas trading period. In a trading update covering the 13 weeks to 27 December, the meat producer said December sales even exceeded a strong prior year, driven by performance in fresh pork, convenience foods and premium festive ranges.
Cranswick PLC (LSE:CWK) reported strong trading for the first quarter ended 28 June 2025, with total revenue up 9.7% year-on-year. The UK food products producer said like-for-like revenue rose 7.9%, driven by volume growth from new business wins and continued outperformance in premium food categories.
Cranswick PLC (LSE:CWK) said it is launching an independent review of its animal welfare practices and UK livestock operations following reports of animal mistreatment at one of the farms in its network, which led to grocers Tesco, Asda, Sainsbury's and Morrisons suspending supplies. The FTSE 250 company said it had suspended operations at Northmoor Farm in Lincolnshire after covert video footage appeared to show workers using banned methods to kill piglets.
Cranswick PLC (LSE:CWK) shares rose 2%, back towards recent all-time highs, as the meat producer hiked its dividend 12.2% and announced the acquisition of Blakemans, a leading food service sausage manufacturer. Underlying operating profits were up 11.8% to £206.9 million on revenue that grew 6.8% to £2.7 billion in the 52 weeks to 29 March, with like-for-like sales rising 6.4%.
Shares in Cranswick PLC (LSE:CWK) fell 1.8% after a newspaper report emerged that revealed massive pig and chicken farms owned by the FTSE 250-listed company had violated numerous environmental rules over several years. Regulations had been breached at least 776 times in the past seven years by the intensive farms in East Anglia, according to freedom of information (FoI) data obtained and published by campaign groups Feedback Global and Sustain, first published in the Guardian.
Cranswick PLC (LSE:CWK), the FTSE 250-listed poultry and pork producer, reported a record level of Christmas sales that contributed to strong trading in the past quarter, which it is looking to augment with higher capital expenditure and the acquisition of a pig genetics company. The UK food producer said the outlook for the financial year to 29 March 2025 was in line with current market expectations.
No recent filings indexed.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for CRWKF and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.