Pork and pastry firm Cranswick’s “near perfect” 25-year growth record for profit and dividends plus potentially lucrative new opportunities should tempt investors, predicts City analyst Investec.
Cranswick’s third-quarter results, boosted by strong Christmas sales, continued to buck the flat or downward trend in the UK grocery market, said City analysts.
Pork processor Cranswick’s update on first half trading, released today (October 7), revealed “strong top line performance” but represented a profit warning, said City analysts Investec and N+1 Singer.