Sales at Cranswick rose 9.6% in the 13 weeks to 26 June, it said in a trading update covering its first quarter. Volumes were up 7.7% during the same period it said, reflecting strong retail demand and increased sales from the Eye poultry facility. Revenue growth also reflected the gradual but sustained recovery of the food to go and food service channel.
The capacity uplift from 1.1m to 1.4m birds per week at the Eye poultry facility was delivered successfully during the quarter.
Adam Couch, chief executive of Cranswick, said: “We have made a positive start to the year. Our capital investment programme remains firmly on track as we build the platform to deliver our long-term growth strategy and we continue to make meaningful progress in delivering our Group-wide ‘Second Nature’ sustainability strategy. We also continue to support our customers by delivering excellent service levels to ensure full availability of our products.”
Cranswick sales rise 9.6% in first quarter
By Chloe Ryan
Chloe Ryan
Editor of Poultry Business, Chloe has spent the past decade writing about the food industry from farming, through manufacturing, retail and foodservice. When not working, dog walking and reading biographies are her favourite hobbies.