StockMarketWire.com - Cranswick reported a rise in first-half profit led by increased wholesale and export demand for fresh pork and the contribution from the acquisition of Katsouris Brothers. For the six months ended 30 September 2019, pre-tax profit increased by 11.3% to £47.4m on-year and revenue increased 7.1% to £770m and 5.4% on like-for-like basis. The interim dividend was increased by 5.0% to 16.7p.

'We have made a positive start to the year with reported revenue growth of 7.1% underpinned by a very strong performance in our Far East export markets,' the company said. 'We completed the build phase of our new Eye poultry facility on time and to budget with the commissioning process successfully started in early November and due to be completed by the financial year end.'

At 8:27am: [LON:CRW] Craneware PLC share price was 0p at 2495p



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