Cranswick plc

Forecast revisions – quality, growth and resilience at a reasonable price

  • Sectors : Foods
  • Companies : Cranswick plc

Ratings and price correct at time of issue.

  • Cranswick plc

    Closing Price: 3586p

  • RATING 09/11/16



Whilst operating in a challenging environment, Cranswick is well positioned to grow profits in FY 2021 – a claim few can make. Growth levers include the recent poultry capacity expansion, continued momentum in exports and robust domestic retail trading. We increase our FY 2021 revenue and operating profit by 3.1% and 4.8% respectively, noting risk lies to the upside. Key watchpoints remain — biosecurity risks arising from COVID-19 and African Swine Fever (ASF) – which could impact on international trade and exports.

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Jun 30 2020, 14:00 IST/BST