Updates

Cranswick - Recovery of operating margins

January 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Shares in meat processing firm Cranswick hit an all-time high of 1492p after news of an acquisition and strong interims. The latter showed revenues down slightly to £481.5m (H1’13: £483.5m) but pretax profit rose 11% to £25.8m and eps increased 7% to 41.1p. The improved profitability reflects 0.55% recovery in operating margin to 5.4%, helped by efficiencies and more stable pig prices compared to last year when they were rising rapidly.On a category basis fresh pork sales (40% 2013 turnover) were down 13% year on year reflecting temporary loss of sales, which is now being recovered. Sausage (10% turnover) sales were slightly ahead, driven by growth in the premium tier while bacon (8% turnover) rose 3% mainly ...

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Marstons

Energy Assets - Shares hit new high of 490p

Cranswick - Shares heading towards £50! (September 2024)

Cranswick - 11% eps CAGR over a decade (August 2024)

Cranswick - Meat processor’s pretax profit to grow 4-fold in 14 years! (March 2024)

Cranswick (January 2023)

Cranswick (August 2021)

Cranswick - Expects to beat market expectations (October 2020)

Cranswick (August 2020)

Cranswick - Demand for its meat rockets as people forced to eat at home (May 2020)

Cranswick - Terrific 182% gain (January 2020)

Cranswick (September 2018)

Cranswick - Shares hit high of 3502p (July 2018)

Cranswick - Ahead of expectations (March 2018)

Cranswick (February 2018)

Cranswick (September 2017)

Cranswick -Shares break through £30 barrier (July 2017)

Cranswick - Another acquisition (February 2017)

Cranswick (October 2016)

Cranswick - Remarkably resilient share price (August 2016)

Cranswick - Shares hit Â£25 after acquisition (June 2016)

Cranswick - 10% volume growth in Q3 (March 2016)

Cranswick - Shares break through Â£19 for first time (February 2016)

Cranswick - Sales ahead of expectations (November 2015)

Cranswick (October 2015)

Cranswick - Shares soar over Â£16 for first time (July 2015)

Cranswick (July 2014)

Cranswick (May 2014)

Cranswick - Revenues up 13% (March 2014)

Cranswick - Supplier of premium pork products doing well from horse meat scandal (August 2013)

Cranswick - Sales of premium pork products soaring (January 2008)

Cranswick - Excellent earnings record for premium pork product supplier (September 2006)

Cranswick - Competition starting to ease (July 2003)

Cranswick (January 2003)

Cranswick - Gaining selling space at Sainsbury's (September 2002)

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