Cranswick plc (LSE:CWK) reported revenue up 5.5% y/y as volumes rose 8.2%—driven by domestic poultry and fresh pork despite weaker exports—and reaffirmed adjusted pre-tax profit guidance of £230–243m; meanwhile director Lord Smith of Ranmoor’s re-election fell below 80% prompting board consultations and a promised update within six months.
Previous Week Recap
- Cranswick Revenue Up, Volumes Rise: Cranswick (CWK) saw revenue +5.5% y/y driven by volumes +8.2% (domestic poultry and fresh pork up, exports down). Maintains adjusted pre‑tax profit target £230–243m; shares ~5,520p.
- Lord Smith Re-Election Under 80%: Cranswick plc (CWK): Director Lord Smith of Ranmoor re-election got under 80% support. Board will consult major shareholders and publish an update within six months per UK governance rules.
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