UK's Cranswick prelim full-yr revenue slightly misses estimates

Cranswick

19/05/2026 07:11

Overview

UK food producer's preliminary full-yr revenue up 9.5%, slightly missing analyst expectations

Adjusted operating profit and adjusted pretax profit for the year beat analyst expectations

Margin gains driven by poultry supply chain, automation, and disciplined cost control

Outlook

Company says robust demand for product ranges continues in current financial yr

Result Drivers

POULTRY GROWTH - Co said poultry revenue rose 13.9%, driven by strong performance across fresh, prepared and cooked categories, and supported by investment in supply chain and automation

PREMIUMISATION AND INNOVATION - Co said premium added-value product ranges and innovation, including new launches and festive products, supported revenue growth and record Christmas trading

ACQUISITIONS AND PARTNERSHIPS - Co said acquisitions of Blakemans and JSR Genetics performed ahead of expectations, and expansion of strategic retail partnerships supported category growth

Company press release: ID:nRSS8080Ea

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
GBP 2.98 bln
GBP 2.99 bln (10 Analysts)
FY Adjusted Operating Profit
Beat
GBP 237 mln
GBP 231.06 mln (10 Analysts)
FY Adjusted Pretax Profit
Beat
GBP 220 mln
GBP 214.04 mln (9 Analysts)
FY Adjusted Operating Margin
7.90%


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy"

Wall Street's median 12-month price target for Cranswick PLC is GBp5,770.00, about 10.5% above its May 18 closing price of GBp5,220.00

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)