STOCKS NEWS EUROPE-Cranswick up on strong H1 performance

Shares in Cranswick Plc (CWK.L) gain as much as 2.6 percent after the British pork supplier posts a 22 percent rise in first-half pretax profit from continuing operations, helped by higher sales to grocers, and says it remains optimistic about its future.

Panmure Gordon says: "Cranswick's base businesses continue to show impressive underlying growth and in the second half the sandwiches business should also perform better."

The brokerage recommends investors to buy the stock, saying Cranswick remains one of its favourite small/mid cap food stocks.

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Reuters messaging rm://aditi.samajpati.reuters.com@reuters.net