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May 21 2024, 08:35 IST/BST
Cranswick plc
Strong finish to a stellar year
- Sectors : Foods
- Companies : Cranswick plc
DAVY VIEW
FY24 adjusted operating profit and EPS came in ahead of consensus forecasts – reflecting continued operational excellence at Cranswick. Adjusted operating margin improved sequentially in H2-24 to 7.4%, which provides confidence on FY25 delivery. Current trading and the full year outlook are in line with the Board’s expectations. At first glance, we envisage modest upside to our current FY25 adjusted operating profit forecasts.
