Cranswick (finally) collars a pet food business
The pet food industry has been growing steadily amid growing ownership of dogs and cats, though the FTSE 250 company exited the market in 2009
Company
Cranswick PLC
LON:CWK
Cranswick PLC is a United Kingdom-based company. The activities of the company include the supply of fresh pork, gourmet sausages, charcuterie, cooked meats, sandwiches and traditional dry cured bacon.
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M&S urges UK government to end Northern Ireland border checks
M&S COO Stuart Machin recommended the use of technology to track goods instead of physical checks
Cranswick leaves guidance after interim profits top expectations
"Our outlook for the current year is unchanged and we have a solid platform from which to continue Cranswick's successful long-term development," said CEO Adam Couch.
Meat and water on the menu for coming week with Cranswick, Compass, UU and Severn Trent
Other updates are expected from Avon Rubber, CRH, Devro, Johnson Matthey, Pets at Home and Virgin Money UK
UK food producers will pay 500% more for CO2 as part of govt deal
The government has agreed to pay “many millions, possibly tens of millions” to Chicago-based CF Industries to reopen its UK fertiliser plants, where carbon dioxide is a byproduct
UK government confident of ‘imminent’ solution to CO2 shortage
Andy Wright, the chief executive of the Food and Drink Federation, said shoppers may notice empty shelves at supermarkets “in about 10 days”
UK could face food shortages as rising energy prices hit CO2 supplies
Carbon dioxide is used to stun animals before slaughter and by supermarkets in chilled food deliveries
Cranswick in "robust financial position" as sandwich market recovers
The UK pig price increased by 12% during the second quarter but was down 9% year-on-year.
World’s largest meat supplier JBS hit by cyber-attack
The group hopes to get back to normal by Wednesday, though there might be disruption in the meat market as a whole
Cranswick hands staff second bonus as profits soar during lockdown
"We have made a very positive start to the new financial year"
Cranswick relishes continued strong retail demand for meat
To try and minimise the effects of Brexit, the group said it is recruiting more permanent team members and providing support to European staff who want to obtain UK settled status
Cranswick walks out of Inspired Pet Nutrition acquisition process
The food producer did not give any further details
Cranswick looks to collar pet food acquisition
The FTSE 250 company today confirmed that it is trying to potentially collar a deal for Inspired Pet Nutrition
Lab meat is a growing threat to Cranswick and Hilton Food, suggests RBC
Meat consumption has started to plateau while the plant-based and ‘cultured’ protein industries are ramping up their production
Cranswick sizzles as demand for sausages and bacon soars during lockdown
'Cooked breakfast occasions' have doubled during the coronavirus lockdown period, the group said
Food producers Greencore and Cranswick factories close amid local coronavirus outbreaks
Safety measures at the meat producer's processing factories have been criticised after three workers at its South Yorkshire factory died from the virus earlier this year
Cranswick weak as Barclays initiates coverage on the pork producer with an ‘underweight’ rating and 3,500p target price
The bank's analysts said they do not believe the firm can recover costs from consumers "who are unlikely to accept price increases and retailers who will be looking to recover their own higher costs”
Cranswick lifts outlook after strong meat sales in first quarter
The level of demand from supermarkets and increased poultry sales thanks to the opening of an extra factory, more than compensated for lower sales from the hospitality sector
Cranswick hikes dividend but Brexit uncertainty still looms
The total distribution was raised 8% to 60.4p but the outlook is uncertain
Cranswick churns out sausages at top speed as coronavirus drives up prices
Peel Hunt and Liberum both eyed the FTSE 250 pork and chicken producer hungrily