Cranswick Full-Year Profit Advances on Fresh Pork Sales
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Cranswick Plc, the foodmaker that holds the Weight Watchers’ U.K. sausage license, said its full-year profit rose as it sold more fresh pork to make bacon, ham and sausages.
Net income in the year to March 31 increased to 35.3 million pounds ($57.1 million), or 74.3 pence a share, from 32.6 million pounds, or 69.8 pence a share, in the year earlier period, the company said in an e-mailed statement today. Sales rose 2 percent to 758.4 million pounds.