Cranswick (LON:CWK) Posts Earnings Results

Cranswick (LON:CWK) announced its quarterly earnings results on Tuesday. The company reported GBX 301.70 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 298.25 billion for the quarter. Cranswick had a return on equity of 14.71% and a net margin of 5.17%.

Here are the key takeaways from Cranswick’s conference call:

• The company reported a strong FY2026, with revenue up 9.5%, adjusted profit before tax up 11.2%, and adjusted EPS up 10.4%, all driven by continued volume growth.
• Adjusted operating margin improved to 7.9%, supported by capacity utilization, automation, poultry farming performance, and tight cost control. Management also highlighted record free cash flow of GBP 268.4 million.
• The board proposed a 12.5% increase in the final dividend, extending the company’s record of 36 consecutive years of dividend growth. The full-year dividend rose 11.4%.
• Cranswick announced a GBP 56 million investment to expand its Eye poultry facility, lifting capacity by 25% by summer 2027. The company said the site will eventually process more than double the birds originally planned in 2019.
• Commercial momentum remained broad-based, with poultry revenue up 13.9%, gourmet revenue up 15.3%, and pet products revenue up 29.8%, while management noted a volatile input-cost backdrop and ongoing inflation pressure.

Cranswick Price Performance

Cranswick stock opened at GBX 5,500 on Wednesday. The stock’s 50 day moving average is GBX 5,267.55 and its 200 day moving average is GBX 5,159.89. Cranswick has a one year low of GBX 4,805 and a one year high of GBX 5,620. The firm has a market cap of £2.94 billion, a P/E ratio of 20.33, a P/E/G ratio of 2.62 and a beta of 0.56. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.78 and a quick ratio of 1.02.

Insider Buying and Selling

In other Cranswick news, insider Adam Couch sold 347 shares of the firm’s stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of GBX 507, for a total transaction of £1,759.29. Also, insider Mark Bottomley sold 110 shares of the business’s stock in a transaction that occurred on Tuesday, March 24th. The stock was sold at an average price of GBX 5,096, for a total transaction of £5,605.60. In the last three months, insiders have acquired 8 shares of company stock valued at $42,490 and have sold 707 shares valued at $2,010,739. Corporate insiders own 2.54% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Shore Capital Group reiterated a “house stock” rating on shares of Cranswick in a report on Tuesday. Berenberg Bank restated a “hold” rating and issued a GBX 5,770 price target on shares of Cranswick in a research report on Tuesday, January 27th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Cranswick in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 5,790.

Cranswick Company Profile

Cranswick is a leading and innovative supplier of premium, fresh and added-value food products with revenues of more than £2.7 billion. The business employs over 15,400 people and operates from 23 well-invested, highly efficient facilities in the UK. Cranswick was formed in the early 1970s by farmers in East Yorkshire to produce animal feed and has since evolved into a business which produces a range of high-quality, predominantly fresh food, including fresh pork, poultry, convenience, gourmet products and pet food.