Who are we?

Our operating company, Crawshaw Butchers, currently has 20 retail outlets and two distribution centres across Yorkshire, Humberside, Nottinghamshire and Lincolnshire.

In line with our growth strategy we have now successfully launched eight new shops in Retford, Castleford, Chesterfield, Mansfield, Huddersfield, Doncaster, Bramley and more recently, Derby.

Company Website

Latest Announcements

Recent Broker notes

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Recent Market news

Crawshaws Fundamentals (CRAW)

Schroder bought 4M and share price at bottom, isn't that strange to say the least
They have now over 10%

Schroder
earlier - 4,028,150
now - 8,156,021 - 10.332%

Schroder bought 4M and share price at bottom, isn't that strange to say the least
They have now over 10%
earlier - 4,028,150
now - 8,156,021 - 10.332%
------------------
but very strange the 4M buy

no sign on the volume of such a large amount ( not event during the last month on total
if is was during such a long time sure it shoulkd have been declare at certain % 5,6,7% etc.

Trading Update

Crawshaw Group Plc ("Crawshaw" or the "Group"), the fresh meat and food-to-go retailer, provides the following update on Christmas trading for the 5 week period since our last update on 29 November 2016 to the 1 January 2017.

We have continued to build on the progress noted in our last update with the improvements in sales and customer numbers being maintained through December as planned. Group sales were up 13% in the 5 week period versus the prior year, with total customer numbers also up 13% for the same period. Like-for-like sales were -3.8% for the 5 weeks ended 1 January 2017 having improved from -8.1% for the 4 weeks ended 27 November 2016. Like-for-like customer numbers were -4.2% having improved from -9.7% for the same periods.

As previously communicated, this improvement in both sales and customer number momentum has required a moderate level of margin investment, with gross margins in the like-for-like stores at 43.6% H2 2017 to date (versus 44.9% H2 2016 to date).

With the improvement in performance continuing through the festive trading period, the Board remain confident in achieving full year market expectations.

edited.

Final Results

Crawshaw enters transformational partnership with 2 Sisters Food Group

Confirmation of definitive agreements for subscription and warrants

SP recovered most of what was lost on the results. Director buy yesterday:-


Crawshaw Group Plc ("Crawshaw" or the "Company"), announces that it was notified yesterday by Jim McCarthy, Non-Executive Director, that he purchased on the same day 190,000 ordinary shares of 5p each in the Company ("Ordinary Shares") at a price of 26.5p each. Following this purchase, Jim McCarthy has a beneficial interest in 190,000 Ordinary Shares representing 0.2% of the Company's issued share capital.

Schroders plc > 10%

StockMarketWire.com
Crawshaw's pre-tax losses rose to £1.2m in the 26 weeks to 30 July - up from £0.4m a year ago and including £0.4m of exceptional costs.

Group revenue rose by 2.3% to £22.1m but gross margins fell to 42.9% from 45.2%.

The group posted an underlying operating loss of £0.8m (2016: loss of £0.4m).

Chief executive Noel Collett said: 'These results demonstrate progress in ensuring we have high quality products at the lowest possible prices.

'The improvements to the breadth, depth and price of our ranges are driving the significantly improving trend in customer numbers, which is a key metric of loyalty and success in preparation for the important winter and festive season ahead.

'As part of our focus on achieving unbeatable value, we are prioritising and accelerating the rollout of our proven factory shop format.

'The economics of these sites are hugely attractive, and they allow us to offer a wider range of fresh meat and associated products at a price not possible in our high street shops.

'We remain excited by our 2Sisters supply agreement and believe this partnership will be transformational for the long-term growth of the Group.

'Market conditions remain challenging, but we are confident that our focus on value leaves us well placed for the long-term.'

Harry - you confused me - that's from last Wednesday?

I am not excited by their 2Sisters supply agreement! 🐔😱

Yes it is skinny, but it was prompted by an article in this w/e FT about the chicken industry and a chap called Ranjit Singh Boparan who is being investigated by the FSA. Via a slightly odd route, the Boparan family actually own 29.7% of Crawshaws, which is possibly why the CRAW sp is being hit at the moment.

Thanks Harry.

hero to zero!!!!

Directorate change and trading update

Crawshaw Group Plc, the UK's leading value butcher, announces the following intended changes to its Board of Directors.

Noel Collett, Chief Executive Officer, has informed the Board of his intention to step down to pursue other opportunities but will remain in his role until a replacement CEO is appointed to ensure an orderly hand over.

The Group also announces that Alan Richardson, Chief Financial Officer, has notified the Board of his intention to leave the business in early May to take up an opportunity outside the Group.

Trading for the year ended January 2018 remains unchanged and the full year results will be announced in April. Trading in the first 6 weeks of the new financial year has been challenging, exacerbated by the recent poor weather but the factory shop format continues to perform well.

Jim McCarthy, Chairman of Crawshaw Group, said:

"The Board of Crawshaw thanks Noel and Alan for their contribution and wishes them success in their future endeavours. We anticipate being in a position to announce a new CEO and CFO in the near term who will help drive the business forward."

"The Board of Crawshaw thanks Noel and Alan for their contribution" - Really!!!!

Crafty Butchers!!!!!!

dead meat
above is effectively a profit warning and that's why 2 top execs are going

not yet, quite. ... it's back to the 7p price of 2013 - a big rise just a few years ago to 95p is long forgotten.
At this 7p- price is it a punt? - or the dead meat as some-say?

Intention to appoint administrators and Suspension to trading on AIM

As previously announced on 26 October 2018, the Board was considering a number of remedial actions including raising additional funding through an equity capital raising in order to address the key issues it had identified with the Company. Since then, the Board has been in discussions with existing investors and prospective investors. Unfortunately these discussions have not been successful in raising sufficient capital to address those key issues.



The Company does not have sufficient cash resources to effect the required restructuring of the business.

In the light of the above and the operational and financial uncertainty which the Company now faces, in order to protect both shareholders and creditors, the Board has taken the decision to place the Company into administration and intends to appoint administrators shortly with the purpose of seeking buyers for the Group's business and assets on a going concern basis.

As a result, the Board announces it has requested a suspension of trading in its shares on AIM with effect from 7.30am on 31 October 2018.

Further announcements will be made in due course.

Shame, a classic case of expanding too fast whilst taking the eye of the ball!