Profits down at Cranswick after record year of investments
Revenues and profits at Cranswick have declined against a backdrop of “highly competitive market conditions and ongoing, Brexit related, political and economic uncertainty” according to their CEO.
The Hull-based food producer reported revenue at £1.44bn for the year to 31 March 2019, which it said was in line with the prior year after adjusting for the 53rd week.
Pre-tax profits dipped slightly for the year to £86.5m, down from £88.4m the year before.
It said a strong BBQ season last year helped as did pork exports to... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...