Cranswick increases 2013 final dividend by 7%

DividendMax Ltd.

Cranswick increases 2013 final dividend by 7%

FINANCIAL HIGHLIGHTS

Strong underlying revenue growth, up 12 per cent at £980.6m (2013: £875.2m)

Adjusted profit before tax up 6 per cent to £52.2m (2013: £49.1m)

Adjusted earnings per share up 7 per cent to 84.1p (2013: 78.7p)

Recommended final dividend of 22p - up 7 per cent

Net debt 15 per cent lower at £17.0m (2013: 20.1m)

OPERATIONAL HIGHLIGHTS

£14.4m investment in pig breeding and rearing activities

New gourmet pastry facility fully commissioned

£28m investment in Group's asset base

Companies mentioned