Cranswick : FY20 full year results announcement timing

28 April 2020

Cranswick plc

FY20 full year results announcement timing

Cranswick plc ('Cranswick' or 'the Company' or 'the Group'), a leading UK food producer, releases an update regarding FY20 results announcement timing.

Following guidance from the Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC) relating to the unprecedented challenges faced by companies and their auditors in preparing financial information and accounts during the COVID-19 pandemic, the Group now expects to report its preliminary results for the year ended 31 March 2020 on 23 June 2020, instead of the previously announced date of 19 May 2020.

This new date has been agreed with the Group's auditors to also allow them additional time to carry out the necessary audit process in light of travel and social distancing restrictions.

Enquiries:

Cranswick plc	01482 275 000
Mark Bottomley, Finance Director
Powerscourt	020 7250 1446
Nick Dibden / Lisa Kavanagh	[e-mail]

Notes:

1. Cranswick is a leading and innovative supplier of premium, fresh and added value food products. The business employs over 11,000 people and operates from sixteen well invested, highly efficient production facilities in the UK. The Group produces a range of high quality, predominantly fresh food, including fresh pork, poultry, convenience and gourmet products. Through the Group's four primary processing and twelve added value processing facilities the business develops innovative, great tasting food products to the highest standards of food safety and traceability. The Group supplies the major grocery multiples as well as the growing premium and discounter retail channels. Cranswick also has a strong presence in the 'food-to-go' sector and a rapidly growing export business. Results for the year to 31 March 2019 showed revenue of £1,437m and profit before tax of £86.5m.

2. Cranswick is committed to ensuring that its business activities are sustainable from farm to fork. Our ambitious sustainability strategy 'Second Nature' has been developed to deliver our vision to become the world's most sustainable meat business. Find out more atthisissecondnature.co.uk