Cranswick lifts medium targets, holds FY guidance on 'robust' demand
Cranswick
5,150.00p
15:59 29/04/25
0.00%
0.00p
Food company Cranswick on Thursday upgraded medium-term targets and said the current year outlook was unchanged, with robust demand for its core pork and poultry products continuing throughout the fourth quarter.
Food Producers & Processors
7,428.75
15:59 29/04/25
-4.26%
-330.80
FTSE 250
19,809.72
16:00 29/04/25
n/a
n/a
FTSE 350
4,626.91
16:00 29/04/25
n/a
n/a
FTSE All-Share
4,577.12
16:00 29/04/25
n/a
n/a
The company said it was now aiming for mid-single digit organic revenue growth, 7.5% adjusted operating margin, increased from 6% and upper teens return on capital employed, up from mid-teens. Cranswick is still targeting mid-single digit adjusted EPS growth.
Reporting by Frank Prenesti for Sharecast.com