Poultry processor Cranswick has released its Q1 results for the 13 weeks to 28th June 2025, reporting its revenue as 9.7% ahead of the same period in 2024.
Trading in the first quarter of the new financial year was “strong”, Cranswick reported, with revenue ahead across all product categories year-on-year. Group reported revenue was 9.7% ahead of the same period last year, with Blakemans, which was acquired on 16th May 2025, making a “positive contribution” in line with expectations.
Like-for-like revenue was up 7.9%, which Cranswick said was driven by “strong volume growth” reflecting new business wins, as well as a “closer alignment” with key retail partners and “continued outperformance” of premium added-value ranges.
Export revenue was also reported to be “strong” as it reflected both volume growth and higher pricing following the reinstatement of the Norfolk fresh pork site’s China export license in December 2024.
Poultry revenue grew, driven by the onboarding of new premium retail business at the Cooked and Prepared Poultry sites together with demand from the Eye fresh poultry site’s anchor retail customer. Pet Products revenue was “well ahead” reflecting the ongoing roll-out of the Pets at Home business.
“Our continued positive progress reflects the substantial ongoing investment in our asset base.”
Adam Couch, Cranswick
Adam Couch, CEO of Cranswick, commented: “We have made a strong start to the year, delivering volume-led revenue growth across all product categories. We continue to invest at pace across our asset base to drive strong returns.
“In line with the commitments we made on 20th May 2025, we have further strengthened our animal welfare compliance practices and checks. The independent expert veterinarian led review of these policies and procedures is well advanced, and we look forward to receiving its recommendations. We will provide a further update on this review in due course.
“Integration of the Blakemans business is progressing well and we have committed to further substantial investment in the Lincoln Pet Products site.
“Our continued positive progress reflects the substantial ongoing investment in our asset base and the quality and capability of our colleagues across the business.”
