Cranswick (LON:CWK) Full Year 2024 Results
Key Financial Results
-
Revenue: UK£2.60b (up 12% from FY 2023).
-
Net income: UK£113.1m (up 1.5% from FY 2023).
-
Profit margin: 4.4% (down from 4.8% in FY 2023). The decrease in margin was driven by higher expenses.
-
EPS: UK£2.10 (up from UK£2.08 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Cranswick Earnings Insights
The primary driver behind last 12 months revenue was the Food segment contributing a total revenue of UK£2.57b (99% of total revenue). Notably, cost of sales worth UK£2.22b amounted to 86% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to UK£100.0m (38% of total expenses). Explore how CWK’s revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Food industry in the United Kingdom.
Performance of the British Food industry.
The company’s shares are up 1.2% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company’s balance sheet. See our latest analysis on Cranswick’s balance sheet health.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
