Secondary Recommendation

Cranswick - Excellent earnings record for premium pork product supplier

September 2006

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.

With a proud record of growing pretax profit in each of its last 18 years, East Yorkshire-based Cranswick has become a by-word for consistency that few others can match. Such longevity is particularly rare in the smaller company arena and Cranswick only managed it by ruthlessly throwing out its volatile pig trading business and replacing it with a higher quality business supplying premium pork products to supermarkets. This process has taken a long time but the sale of its pig herd last year was almost the last piece of the jigsaw, leaving its premium foods business accounting for 93% sales and 98% profit. And shareholders would surely argue it’s been worth the wait, given that pretax profit has increased from £5m in 1998 to ...

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

Cranswick - Another acquisition (February 2017)

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Cranswick - Remarkably resilient share price (August 2016)

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

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Cranswick - Sales ahead of expectations (November 2015)

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Cranswick - Recovery of operating margins (January 2015)

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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 - Competition starting to ease (July 2003)

Cranswick (January 2003)

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

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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