date:Nov 27, 2012
Efficiency improvements and successful price negotiations are helping meat firm Cranswick offset the impact of rising feed costs, according to City analysts commenting on its interim results for the six months to September 30.
Reported revenues climbed by 6% to 418.M, while profit before tax rose by 21% to 22.5M. Underlying revenues increased by 5% excluding results from Kingston Foods acquired at the end of June.
Rising input costs
Shore Capital analysts Darren Shirley and Clive Black had