Cranswick (CWK) Q3 2026 TU earnings summary

Executive summary

• Achieved strong revenue growth in Q3, with all product categories outperforming the prior year, especially during the Christmas period.

• Record Christmas trading driven by Fresh Pork, Convenience, and Gourmet festive products, with premium ranges performing particularly well.

• Recent acquisitions (Blakemans, JSR Genetics, Fridaythorpe feed mill) exceeded initial performance expectations.

Financial highlights

• December sales surpassed the strong prior year, reflecting robust demand and successful product launches.

• Full year adjusted profit before tax now expected towards the upper end of market expectations (£211.3m–£216.0m).

• Previous full-year results (to March 2025): revenue £2,723.3m, profit before tax £181.6m.

Outlook and guidance

• Demand for premium pork and poultry remains strong, supported by consumer preference for high-quality, nutritious food.

• Board confident in continued strategic progress and long-term development.

• Next trading update scheduled for May 2026.