CRAW Crawshaw

TIDMCRAW

RNS Number : 6478V

Crawshaw Group PLC

17 January 2012

Crawshaw Group plc

Christmas Trading update

Crawshaw Group plc ("Crawshaw" or the "Company"), the meat focussed retailer, provides the following update on current trading.

On 4th October 2011 we reported our half year results, and stated that in the 8 weeks since that half year end like for like sales had declined by 10%. We also stated our determination to reverse this decline citing a number of actions being taken by management.

We are therefore now pleased to report that sales have been improving since then, and that Christmas trading was much improved, with total sales for the 5 weeks to 1st January 2012 up 9% on the previous year with LFL sales on our legacy estate up 3% and LFL sales at our newer stores up 7% over the same period.

We anticipate that our full year trading profit and cash generation will be in line with management expectations.

END

Enquiries:

 
 Crawshaw Group plc 
 Lynda Sherratt         01709 369 602 
 
 W H Ireland Limited 
 Robin Gwyn             0161 832 2174 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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