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Cranswick (CWK) investor relations material
Cranswick Q1 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 TU earnings summary28 Jul, 2025
Executive summary
Revenue grew 9.7% year-over-year in the first quarter, with all product categories contributing and the Blakemans acquisition performing as expected.
Like-for-like revenue increased 7.9% year-over-year, driven by volume growth, new business wins, and strong demand for premium products.
Export revenue was robust, aided by reinstated China export license and higher pricing.
Pet Products revenue surged, supported by the Pets at Home rollout and new premium own-label business.
Financial highlights
Net debt at quarter end was higher than March 2025 due to the Blakemans acquisition, capital investment, and seasonal working capital, partially offset by strong free cash generation.
Group refinanced its banking facility, securing a new £360m revolving credit facility, with an additional £90m available, replacing the previous £250m facility.
Outlook and guidance
Outlook for the year ending March 2026 remains in line with current market expectations for adjusted profit before tax of £206.5m–£213.6m.
Continued investment across operations aligns with updated medium-term guidance.
Board confident in further development, citing strong customer relationships, product quality, and robust financial position.
What is driving the strong volume growth?
How will the new banking facility support growth?
Update on animal welfare compliance review.
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H1 202625 Nov, 2025
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Frequently asked questions
Cranswick plc designs, develops, manufactures and sells food products. The company offers fresh pork, gourmet bacon and gammon, fresh and coated chicken, ready to eat chicken, charcuterie (cold meats), houmous and dips, olives and antipasti; gourmet sausages; cooked meats; gourmet pastries; cheese and pasta. It also offers snacks and sharing boxes under the Bodega brand; olives, olive oil and pulses under Cypressa brand; Mediterranean foods under Ramona's Kitchen brand name; pet food and supplies under Vitalin® and Alpha Feeds®, as well as operates export business.
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