Cranswick plc
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- Cranswick plc is a United Kingdom-based vertically integrated food producer specializing in premium fresh and added-value food products. The company manufactures and supplies fresh pork, gourmet sausages, cooked meat, air-dried bacon, premium cooked poultry, charcuterie, sandwiches, and gourmet pastry products under various brands including Bodega, Weight Watchers, Woodall's, Simply Sausages, Red Lion Foods, and the Black Farmer. Cranswick serves grocery retailers, the food service sector, and other food producers primarily in the UK, with a growing export business to Europe, the United States, and Southeast Asia. Founded in 1972 and headquartered in Hessle, East Yorkshire, Cranswick operates twelve production facilities across the UK and engages in pig breeding and rearing to ensure supply chain integration. Recent major developments include strategic acquisitions to strengthen its supply chain and expand its product portfolio: in January 2025, Cranswick acquired JSR Genetics Limited, enhancing its pig genetics and farming operations to secure high-quality pig supply. In May 2025, it acquired James T Blakeman and Co, a specialist sausage manufacturer, boosting capacity in raw and cooked sausages for the food service and ready-meal sectors. Additionally, Cranswick expanded its pig farming capacity with the acquisition of White Rose Farms. The company launched a six-product protein-rich chilled snack line under its premium Bodega Mediterranean brand and partnered with BlakBear to implement a Digital Quality Program using AI to improve product shelf life across manufacturing sites. Cranswick continues to prioritize sustainability and innovation, transitioning packaging to recyclable materials and investing around £5 million annually in R&D to support product innovation, including plant-based alternatives and healthier product lines. The company reported strong financial performance with revenue growth driven by volume increases and new product sales, reflecting its emphasis on vertical integration and sustainable, long-term growth in the UK food industry. Cranswick plc operates primarily in the consumer packaged foods industry within the UK and is listed on the London Stock Exchange with the ticker CRWKF. It employs over 12,000 people and reinforces its market position through ongoing acquisitions, innovation, and strategic partnerships to serve retail, foodservice, and manufacturing customers efficiently while maintaining a commitment to quality and sustainability.
RBC upgrades Cranswick to outperform with 6,100p target
Cranswick H2 Earnings Call Highlights
Cranswick expects meatier profits after bumper Christmas sales
Cranswick reports strong first quarter, boosted by higher volumes
Cranswick results spoiled by more bad headlines about animal treatment
Cranswick hikes dividend as increased investment brings home the bacon
Cranswick shares drop as environmental scandal erupts over Norfolk megafarms
Cranswick reports strong Christmas sales of poultry and pork
Cranswick hits all-time high on upbeat trading update
UK meat producer Cranswick sees annual profit towards upper end of market view
Cranswick growth slows as meat prices soften
Cranswick trots higher on back of strong supermarket Christmas meat demand
This investment house thinks Cranswick is a real banger of a stock
Cranswick hikes dividend 10% as UK demand for meat offsets slower China exports
Cranswick signs deal with Pets at Home following solid annual results
Cranswick reports accelerated revenue growth, keeps guidance unchanged
Cranswick upgraded as avian flu worries overplayed says Jefferies
Cranswick revenues rise 12.4% but profits hit by product recall charge