Home Money Rising demand for sausages boosts Cranswick

Rising demand for sausages boosts Cranswick

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Hot: Cranswick said trading in the last two months was better than expected as it sells more meat

Cranswick has raised its profit outlook for the year amid booming demand for sausages.

The Yorkshire-based pork supplier said trading over the past two months was better than expected as it sells more meat.

Supermarket supplier Cranswick has been investing in new farms and growing its pig herd.

Hot: Cranswick said trading in the last two months was better than expected as it sells more meat

In July, the company said revenue was up almost 7 percent in the first quarter, compared with a year earlier, with premium ranges selling particularly well.

But Cranswick says the half-year results are likely to be “stronger than expected”, with full-year figures at the “upper end” of previous estimates.

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