The company enjoyed a boost in turnover and profits.
Pork processing giant Cranswick enjoyed a boost in profits and turnover last year.
Accounts for the company, which also runs poultry, pastry and cooked meat enterprises, reveal a 16% increase in sales to £1.667 billion for the year to March 28.
Pre-tax profits were also up 11% to £102.3 million, from £92m previously.
In a trading statement, the company said its export revenue was up 92% and it had successfully started production at a new poultry facility in Suffolk during the year. It said its capital expenditure during the year was at a record high of £101m.
“The strong growth and strategic progress we have made over the last 12 months has been made possible by the platform we have built and the pipeline we have laid down in recent years,” said Cranswick’s chief operating officer, Adam Crouch.
“Our positive momentum is a reflection of the continued investment we make in our infrastructure and the quality and capability of all our colleagues.”
He said the company had implemented a “proactive and comprehensive Covid-19 action plan” and all site-based staff would be given a £500 bonus at the end of June in recognition of their contribution throughout the pandemic.
