Cranswick has announced another strong performance, reporting significant increases in profit, revenue and pig numbers in the first half of its financial year, continuing a multi-year resilient performance trend despite the wider pressures facing the UK livestock industry.
In the 26 weeks to 27 September 2025, pork and poultry business revenue increased by 10.4% to £1,468m, with underlying sales increasing by 7.9%, with growth across all categories.
Adjusted pre-tax profit increased by 9.7% to £105.1m, and the group’s adjusted operating profit margin rose slightly from 7.5% to 7.7%. Adjusted earnings per share rose 9.3% to 144.4p.
Cranswick continued to invest heavily in its pig farming operations, expanding both its indoor and outdoor herds. The number of pigs on the ground increased by 13% compared to September 2024, and the number of finished pigs increased by more than 9%.
This pushed the company’s self-sufficiency level to almost 55% despite increased demand across its three main processing facilities and value-added pork lines.
Total capital expenditure during the period amounted to £89m, including £16m invested in ongoing upgrades to the pig farming and processing facilities.
CEO Adam Couch said the program will “enable us to expand production capacity, increase automation, improve operational efficiency and enhance our ability to provide premium, value-added products to our customers.”
UK food sales volumes increased 7% across the business, supporting revenue growth across all categories. Fresh pork sales increased by 5% year-on-year and accounted for 23.4% of group sales.
Although wholesale prices remained weak, retail and wholesale revenue increased slightly by 0.4%, and sales volume increased by 4.3% on strong demand.
Export performance was particularly strong, with revenues increasing by 15.4%. Higher volumes from China and other Far East markets and some firmer prices supported the rise, helped by the reinstatement of Cranswick’s Norfolk base’s China export license in December 2024.
