CRAW Crawshaw

TIDMCRAW

RNS Number : 6580F

Crawshaw Group PLC

24 February 2015

Tuesday 24(th) February, 2015

Crawshaw Group Plc

Trading Update

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

Like for like sales for our financial year ending January, 2015 were up 5% building further on the increase of 11% in the previous year.

On the 8(th) of January we reported that cash margins had increased year on year. Further to this, and despite making some investment in our growth plan in the year, we now expect the out turn for the full year to end January 2015 to be materially higher than the current market forecast. The investment in our growth plan will accelerate further in the year to January 2016 as planned.

Richard Rose, Chairman of Crawshaw, commented: "Our average spend continues to increase reflecting the excellent quality and value we offer. All our stores are profitable and we are excited about the planned shop openings in the near future plus the arrival of our new CEO in the next week."

END

Enquiries:

 
 Crawshaw Group plc 
 Lynda Sherratt                01709 369 600 
 
 Peel Hunt 
 Dan Webster, Richard Brown    020 7 418 8869 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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