AGM Statement

RNS Number : 9630N

Crawshaw Group PLC

21 June 2010

 

Monday 21 June 2010

 

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.

 

Year to date trading at both new and existing units continues to be ahead of budget and I am particularly pleased to report that gross margin for the year to date is 3 percentage points higher than last year.

 

Our new larger format stores are showing very satisfactory levels of profitability and returns on investment and accordingly this is the format we shall be focussing on rolling out. The search for new stores is very much underway and we have recently agreed terms on what will be our first new store in 2010.

 

All resolutions were duly passed today.

 

 

Enquiries:

 

Crawshaw Group plc
Lynda Sherratt	01709 369 602
W H Ireland Limited
Dan Bate	0161 819 8709

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