4 February 2021 | 07:47am
StockMarketWire.com - UK Food producer Cranswick lifted its outlook for the current financial year as strong revenue growth continued in the third quarter of the year.
The outlook for the current financial year was now expected to be ahead of the board's previous expectations as 'strong revenue and earnings momentum delivered during the first half of the financial year continued during the third quarter,' the company said.
UK retail demand remained strong during the quarter, reflecting the continued shift towards greater in-home consumption resulting from the COVID-19 pandemic, it added.
Performance over the festive trading period was robust and ahead of the same period in 2019.