Cranswick Plc H1 Adj. Pretax Profit Declines; Total Revenue Up 12.4%

Cranswick plc (CWK.L) reported adjusted profit before tax of 66.0 million pounds for the 26 weeks ended 24 September 2022 compared to 68.3 million pounds, prior year. Adjusted earnings per share declined to 98.6 pence from 103.5 pence.

Statutory profit before tax was 2.7% lower at 61.5 million pounds. Earnings per share was 91.8 pence compared to 95.2 pence.

Revenue was 1.12 billion pounds compared to 993.1 million pounds, previous year. Adjusting for the contribution from acquisitions made in the previous year, revenue increased by 10.7% on a like-for-like basis.

The Group said interim dividend is being increased by 3.0% to 20.6 pence per share. The interim dividend will be paid on 27 January 2023 to shareholders on the register at the close of business on 16 December 2022.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC. The Laundress, a unit of Conopco Inc. d/b/a Unilever, is recalling around 8 million laundry and household cleaning products citing risk of exposure to bacteria, U.S. Consumer Product Safety Commission. The recall involves Laundress laundry detergent, fabric conditioner and other cleaning products. Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...
Follow RTT