AGM Statement
June 26 2009 - 7:10AM
UK Regulatory
TIDMCRAW
RNS Number : 5881U
Crawshaw Group PLC
26 June 2009
Friday 26 June 2009
CRAWSHAW GROUP PLC - AGM STATEMENT
At this afternoon's AGM of Crawshaw Group PLC, the meat focussed retailer, the
Chairman, Richard Rose, made the following remarks with regard to current
trading.
In my Chairman's statement of the 12th May, 2009, I detailed the effects that
high input prices and the promotional activities at our new stores were having
on retail gross margins. Whilst the promotional activity has ceased, margin
continues to be adversely affected by high input prices across most product
categories. In line with my statement in May, the Board continues to keep the
situation under review.
We opened our 20th store on 11th June and I am pleased to report that it is
trading in line with expectation.
All resolutions were duly passed today.
END
Enquiries:
+-----------------------------------------------+----------------------------+
| Crawshaw Group plc | |
+-----------------------------------------------+----------------------------+
| Richard Rose | 07836 250 474 |
+-----------------------------------------------+----------------------------+
| | |
+-----------------------------------------------+----------------------------+
| Investec Investment Banking | |
+-----------------------------------------------+----------------------------+
| Martin Smith / Duncan Williamson | 0207 597 5970 |
+-----------------------------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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