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Feb 2 2023, 09:20 GMT
Cranswick plc
Q3 update – trading remains strong, FY guidance reiterated
- Sectors : Foods
- Companies : Cranswick plc
DAVY VIEW
Cranswick’s Q3 trading update highlights continued revenue growth, with like-for-like (LFL) sales increasing sequentially (Q2 c.16%), supported by a robust Christmas performance. Growth was broad based, with each segment ‘strongly’ ahead. The Board’s expectations for full year trading are unchanged. We envisage no material changes to our FY23 forecasts (operating profit £143.8m).
