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Cranswick defies inflationary pressures

FTSE 250 food producer has increased profits against a tough backdrop
May 23, 2023
  • 'Modest' volume growth 
  • 33 years of dividend hikes 

Pork and poultry supplier Cranswick (CWK) is facing stubborn cost inflation. The UK standard pig price reached a record high in 2023, fuelled by a “sharp increase” in feed following the outbreak of war in Ukraine. Labour shortages are also rife in the UK, with Cranswick taking on 400 skilled butchers from the Philippines to fill the gap. 

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