Sizzling sales: Sausagemaker Cranswick serves up tasty turnover figure

Food group Cranswick has churned out a 27 per cent rise in first-quarter sales, helped by a strong performance in the UK. The sausage-maker said that on a like-for-like basis revenue jumped 21 per cent in the three months to 30 June, driven by robust domestic volume growth. All product categories contributed positively, and with the strong momentum expected to continue, the FTSE-250 firm reiterated its confidence of hitting its fullyear targets. The group said that it had managed to “partially mitigate” higher costs.