Cranswick growth continues

Cranswick growth continues

Meat processing giant, Cranswick, has released its Q1 update and reports an increase in its revenues of 8%.

If the contribution made by its acquisition of Benson Park in October last year is removed, the increase is 4%. Cranswick says its major capital investment programme at the Benson site remains on track and will be commissioned in Q3 of the current financial year.

The group says its remains confident in both the prospects for the current year and the continued long term success and development of the business.

The company’s net debt stood at £12 million at 30th June this year, some £21 million lower than at the same point in 2014.

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