21 May 1999
Cranswick pre-tax profits rise 40%
THE pet, agribusiness and food group Cranswick has reported a 40% rise in pre-tax profits in the year to 31 March.
The rise came despite lower selling prices resulting from a fall in raw material costs in the companys main markets.
This caused a fall in turnover to £135.6 million, against £148.2m last time, leaving the company to reflect on a good start to the current financial year.
- The Times 21/05/02/99 page 37
- Financial Times 21/05/99 page 25 (News Digest)