Latest news with #Cranswick
BBC News
30-05-2025
- Business
- BBC News
WWF charity objects to Stow Bedon pig farm's planning changes
An environmental charity has objected to a pig farm operator's retrospective planning application. The World Wide Fund for Nature (WWF) has criticised food producer Cranswick's revised application for the Cherry Tree Farm site in Stow Bedon, Norfolk."This site represents farming against nature," said Jake White, WWF's head of legal advocacy, claiming the building of sheds not in the original application had "harmful environmental effects".Cranswick spokesperson said the changes to the original planning application - which was approved - had been recommended by the Environment Agency. Mr White said: "The WWF has deep concerns about the way in which the developer has assessed the significance of the emissions and the way in which nature impacts are addressed in the environmental impact assessment."He claimed the emissions were "damaging local highly protected sites for nature". In a statement, the Cranswick spokesperson added: "We have worked tirelessly to address the concerns raised through the Environment Agency and this has led to changes in the structure to meet the parameters of the permit."The council have had this revised planning application for over three years and even now, have requested further information."The changes made to the original approved application were on the basis of recommendations from the Environment Agency and utilise industry leading techniques for a farm of this type."We are working with the Breckland Council to address these queries but are incredibly disappointed with the length of time it has taken the council to respond to the application." Breckland Council said the application had been due to go to its planning committee in May, but had been postponed so officers could look at the "large volume of representations received". In April, a Cranswick planning application that would have seen more than 714,000 chickens and 14,000 pigs housed at a so-called megafarm in Methwold, Norfolk, was refused. Follow Norfolk news on BBC Sounds, Facebook, Instagram and X.
Yahoo
29-05-2025
- Business
- Yahoo
Cranswick (LON:CWK) Has Announced That It Will Be Increasing Its Dividend To £0.76
Cranswick plc's (LON:CWK) dividend will be increasing from last year's payment of the same period to £0.76 on 29th of August. This takes the annual payment to 1.9% of the current stock price, which unfortunately is below what the industry is paying. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Prior to this announcement, Cranswick's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business. The next year is set to see EPS grow by 20.6%. If the dividend continues on this path, the payout ratio could be 37% by next year, which we think can be pretty sustainable going forward. See our latest analysis for Cranswick Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2015, the annual payment back then was £0.32, compared to the most recent full-year payment of £1.01. This works out to be a compound annual growth rate (CAGR) of approximately 12% a year over that time. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. We are encouraged to see that Cranswick has grown earnings per share at 9.4% per year over the past five years. Earnings are on the uptrend, and it is only paying a small portion of those earnings to shareholders. In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 1 warning sign for Cranswick that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Cranswick (LON:CWK) Has Announced That It Will Be Increasing Its Dividend To £0.76
Cranswick plc's (LON:CWK) dividend will be increasing from last year's payment of the same period to £0.76 on 29th of August. This takes the annual payment to 1.9% of the current stock price, which unfortunately is below what the industry is paying. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. It would be nice for the yield to be higher, but we should also check if higher levels of dividend payment would be sustainable. Prior to this announcement, Cranswick's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business. The next year is set to see EPS grow by 20.6%. If the dividend continues on this path, the payout ratio could be 37% by next year, which we think can be pretty sustainable going forward. See our latest analysis for Cranswick Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2015, the annual payment back then was £0.32, compared to the most recent full-year payment of £1.01. This works out to be a compound annual growth rate (CAGR) of approximately 12% a year over that time. So, dividends have been growing pretty quickly, and even more impressively, they haven't experienced any notable falls during this period. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. We are encouraged to see that Cranswick has grown earnings per share at 9.4% per year over the past five years. Earnings are on the uptrend, and it is only paying a small portion of those earnings to shareholders. In summary, it is always positive to see the dividend being increased, and we are particularly pleased with its overall sustainability. Earnings are easily covering distributions, and the company is generating plenty of cash. Taking this all into consideration, this looks like it could be a good dividend opportunity. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 1 warning sign for Cranswick that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Yahoo
25-05-2025
- Yahoo
Secret cameraman claims 'brutality' at pig farm
An investigator who posed as a labourer to secretly film on a pig farm has described what he witnessed as shocking and brutal. The footage recorded for the Animal Justice Project (AJP) over "several weeks" at Northmoor Farm, Lincolnshire, appears to show "piglet thumping", a banned method of killing animals. Cranswick, which owns the farm near Market Rasen, said the footage was unacceptable and it had launched an independent review into its procedures. Lincolnshire Trading Standards told the BBC it was continuing to work with Lincolnshire Police following the allegations of cruelty. Speaking to the BBC's Politics North programme, the animal rights investigator said he applied for the job through a normal recruitment process. While filming covertly for AJP, he said he witnessed "brutality at every single part of that process". He claimed he saw regular "piglet thumping", a banned method of killing that involves holding a piglet by its hind legs and slamming it to the ground. He also claimed workers were "desensitised" to the "sickening sound" of the piglets hitting the floor. The investigator told the BBC he did not try to stop the actions of other workers. A section of the footage, first reported by the Mail on Sunday newspaper, shows a container piled with piglets that have allegedly been slammed. Some are still alive. The man said fellow workers failed to check if the piglets were dead, which "makes it worse". He said that although such actions were difficult to watch, what he witnessed had "strengthened" his resolve "to help animals". A spokesperson for Cranswick, which is based in East Yorkshire, said: "We were incredibly disappointed and saddened to see the unacceptable footage from Northmoor Farm. "As soon as we saw that footage we acted immediately. We suspended all of our employees and instigated a full investigation." They added the behaviour did not reflect current procedures or training. Asda, Morrisons, Sainsbury's and Tesco all suspended use of the farm. AJP has lodged a legal complaint with trading standards, citing multiple breaches of the Welfare of Animals at the Time of Killing regulations. Under the legislation, using blunt trauma to kill pigs is illegal in England. Lincolnshire Trading Standards said it was taking the incident "extremely seriously". A spokesperson said it had inspected the premises and was continuing to review footage, including some not currently in the public domain. A spokesperson for Red Tractor, the certified standards scheme, said: "The disregard for the care of animals shown in the footage does a disservice to an industry which works hard to uphold animal welfare requirements. "Red Tractor always acts immediately on reports of poor animal welfare and does not hesitate to sanction members where there is evidence of non-compliance with our standards." Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here. Review launched after pig farm abuse claims Pig farm operations suspended over abuse claims
BBC News
25-05-2025
- BBC News
Secret cameraman claims of 'brutality' at Cranswick farm
An investigator who posed as a labourer to secretly film on a pig farm has described what he witnessed as shocking and footage recorded for the Animal Justice Project (AJP) over "several weeks" at Northmoor Farm, Lincolnshire, appears to show "piglet thumping", a banned method of killing which owns the farm near Market Rasen, said the footage was unacceptable and it had launched an independent review into its Trading Standards told the BBC it was continuing to work with Lincolnshire Police following the allegations of cruelty. Speaking to the BBC's Politics North programme, the animal rights investigator said he applied for the job through a normal recruitment filming covertly for AJP, he said he witnessed "brutality at every single part of that process".He claimed he saw regular "piglet thumping", a banned method of killing that involves holding a piglet by its hind legs and slamming it to the also claimed workers were "desensitised" to the "sickening sound" of the piglets hitting the floor. The investigator told the BBC he did not try to stop the actions of other workers.A section of the footage, first reported by the Mail on Sunday newspaper, shows a container piled with piglets that have allegedly been slammed. Some are still man said fellow workers failed to check if the piglets were dead, which "makes it worse".He said that although such actions were difficult to watch, what he witnessed had "strengthened" his resolve "to help animals".A spokesperson for Cranswick, which is based in East Yorkshire, said: "We were incredibly disappointed and saddened to see the unacceptable footage from Northmoor Farm. "As soon as we saw that footage we acted immediately. We suspended all of our employees and instigated a full investigation."They added the behaviour did not reflect current procedures or Morrisons, Sainsbury's and Tesco all suspended use of the farm. AJP has lodged a legal complaint with trading standards, citing multiple breaches of the Welfare of Animals at the Time of Killing the legislation, using blunt trauma to kill pigs is illegal in Trading Standards said it was taking the incident "extremely seriously".A spokesperson said it had inspected the premises and was continuing to review footage, including some not currently in the public domain.A spokesperson for Red Tractor, the certified standards scheme, said: "The disregard for the care of animals shown in the footage does a disservice to an industry which works hard to uphold animal welfare requirements. "Red Tractor always acts immediately on reports of poor animal welfare and does not hesitate to sanction members where there is evidence of non-compliance with our standards." Listen to highlights from Lincolnshire on BBC Sounds, watch the latest episode of Look North or tell us about a story you think we should be covering here.
