Cranswick plc Announces Sales Results for the Fourth Quarter and Full Year Ended March 31, 2016; Provides Earnings Guidance for the Full Year Ended March 31, 2016
Full year underlying sales volumes increased by 10%, with corresponding revenues ahead by 5%, as the Group's customers and UK consumers continued to benefit from lower pork prices.
The company provided earnings guidance for the full year ended March 31, 2016. The board continues to expect to report a trading performance for the year ended March 31, 2016 in line with its expectations. With experienced management at all levels of the Group, a strong range of products, a well-invested asset base and a robust financial position, the board remains confident in the continued long-term success and development of the business.