FTSE-listed pork and poultry specialist Cranswick’s Christmas period was “comfortably ahead of 2020” but it has warned of over-supply issues in pig rearing.
The Hull-headquartered business, a huge supplier to supermarkets and major food service outlets, looks set to become a £2 billion turnover entity when full year results are published in May.
A trading statement was issued to the City today for the 13 week period to December 25, with trading in line with expectations despite ongoing Covid issues and cost inflation challenges. It comes days after a move into the pet food market, with the buy-out of Lincolnshire business Grove Pet Foods.
