21 May 2012 – final results
Good results have been produced by food producer Cranswick for the year to 31 March, with a strong recovery in the second half from the challenges of H1. Revenues rose by 8% to £821m and adjusted pre-tax profits rose by 3% to £48.4m. Earnings per share were 6% higher at 78.6p and the total dividend was raised to 28.5p from 27.5p in the previous year. A promising outlook statement means that prospects for the coming year look good and the shares remain ATTRACTIVE.