Cranswick recorded ‘strong’ growth in the first quarter of 2024 with continuing robust demand in its core UK food categories.
The group’s reported revenue in the quarter was 6.7% ahead of the same period last year (6.4% like for like), driven by strong volume growth, which the integrated pig and poultry processor said reflected ‘business wins and a return to promotional activity across our customer base’.
Adam Couch, chief executive of Cranswick, said: “We have made a strong start to the year, delivering another quarter of strong revenue growth, whilst continuing to provide excellent service levels ensuring full availability of our products for our customers and the UK consumer.
“Our continued capital investment programme, including integration of agricultural supply chains, will further enhance operating efficiency and support UK food security as we continue to deliver on our long-term growth strategy.
“Our poultry business is growing strongly and the substantial investment we are making in our two value-added facilities in Hull will create the headroom for further expansion in this category.”