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Davy Research

Cranswick plc

Strong H1 performance underpins full year upgrade

Sep 27 2024, 08:40 IST/BST
Gary Martin CFA
Company Report
6 page(s)

Sectors : Foods

Companies : Cranswick plc

Ratings and price correct at time of issue.

Cranswick plc

Closing Price: 4715p
RATING 09/11/16
OUTPERFORM
PREVIOUS RATING N/A

Person's Name

Gary Martin CFA

Analyst

DAVY VIEW

Following its strong Q1-25 volume growth of c.7%, Cranswick has sustained this momentum throughout Q2-25, with H1-25 trading exceeding initial expectations. Management now anticipate its FY25 performance to come in at the upper end of market expectations. At first look, we envisage c.5% upside to our FY25 adjusted operating profit forecasts.

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Sep 27 2024, 08:40 IST/BST