Cranswick Regulatory News (CWK)

31 Mar 2006 07:02

Cranswick PLC31 March 2006 Cranswick plc ("Cranswick", "the Group" or "the Company") - pre-close periodtrading update Cranswick anticipates that the Group's performance for the full year to 31stMarch 2006 will be in line with management's expectations. In addition, theseresults will be boosted by the gain of £2 million arising on the recent disposalof the surplus Cottingham site, the proceeds of which have been used to reduceborrowings. Current indications are that total sales in the final quarter will beapproximately 11% higher than the same quarter last year. Of this, sales offood products will be 12% higher with fresh pork, cooked meats, sandwiches andbacon showing particularly strong growth. Third party sales of animal feedincreased significantly reflecting sales to the pig rearing activities which arenow owned outside the group, and sales in the pet business will be approximately6% up. It is anticipated that the preliminary results for the year ending 31st March2006 will be announced on 23rd May 2006. Enquiries: Martin Davey, Chairman 01482 372 080 (mobile 07775 576 426)John Lindop, Finance Director 01482 372 090 (mobile 07768 362 592) This information is provided by RNS The company news service from the London Stock Exchange