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Crawshaw Regulatory News (CRAW)



Regulatory News for Crawshaw (CRAW)


Share Price: 4.55Bid: 4.20Ask: 4.90Change: 0.00 (0.00%)No Movement on Crawshaw
Spread: 0.70Spread as %: 16.67%Open: 5.15High: 5.15Low: 4.55Yesterday’s Close: 4.55





Trading Update

Thu, 8th Jan 2015 07:00

RNS Number : 5939B
Crawshaw Group PLC
08 January 2015
 

Thursday 8th January 2015

Crawshaw Group plc

Christmas Trading update

 

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

 

Trading for the 9 weeks to 28th December was in line with management expectations. Like for like sales for the period were down 3%, but the Company had budgeted for this small decrease given that sales for the comparable period last year were particularly strong, rising by 21%.  Gross margin in the period has showed a further improvement of 1% over the prior year and therefore the Company's cash margin has increased year on year.

 

Year to date like for like sales are up 6%.

 

We anticipate that the Company's full year profit and cash generation will be in line with expectations.

 

Richard Rose, Chairman, commented: "Our customers continue to appreciate our quality and value and so customer satisfaction remains high. Our new factory shop has got off to a great start and is trading above expectation giving us much confidence as we plan our accelerated store opening program.

 

 

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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Related Shares:
Crawshaw Group (CRAW)




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