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

BarChart Indicators

Recent Market news

Crawshaws Fundamentals (CRAW)

Interim Results 6 months to 31 July 2014

Highlights
· Like for Like (LFL) sales up 12% in the 6 months to the end of July (2013: +5%). Overall sales have increased to £11.8m (2013: £9.8m).
· Gross profit increased 21% to £5.2m (2013: £4.3m). Gross margin up at 44.1% (2013: 43.9%).
· EBITDA significantly improved at £0.9m (2013: £0.5m).
· PBT more than doubled at £0.7m (2013: £0.3m)
· Earnings per share up to 0.874p (2013: 0.473p)

Schroders > 5%

Arrowgrass Capital Partners LLP > 14%

Couldn't resist a little top up, I am hopeful that CRAW's Christmas will be even better than mine! :o)

Yes that's quite a bounce from around the placing price.

Appointment of Chief Executive Officer

Crawshaw Group Plc ('Crawshaw') is delighted to announce the appointment of Noel Collett as the Chief Executive Officer, and he is expected to take up his new role on 1st March 2015, when he will also be appointed as a director of Crawshaw.

Noel joins Crawshaw from Lidl, having spent 16 years with the German Discounter. He has held a number of senior leadership roles in the UK and Germany, and for the last 12 years has served as Lidl's Chief Operating Officer for the UK business. Noel has been widely credited as an instrumental figure in transforming Lidl from a low-cost brand to a high-quality value retailer during a decade of rapid sales growth. He has also been responsible for overseeing the Lidl portfolio growth from 200 stores to over 600 stores generating annual sales of over £4bn, whilst leading an expanding workforce of 14,000 employees. Additionally, Noel was responsible for the roll-out of the improved in-store "fresh concept", which included the fresh meat and poultry range, across all their UK stores.

Wow! I like it!

A case of "every lidl helps" - I'll get me coat!

I'll help you put it on!😀

Trading Update

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

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 8th 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

Crawshaw is beginning to look interesting again!

You just beat me to it! :-)

Final Results were 28th April last year.

Lightning, that's me! :o) Yes, not long before the results I suspect.

Acquisition of Gabbotts Farm Limited


Crawshaw Group plc (the "Company") (AIM: CRAW), the fresh meat and food-to-go retailer, announces that it has acquired 100% of the share capital of Gabbotts Farm Limited for £3.9m utilising existing cash resources on a "debt free cash free" basis from Cribbin Family Butchers (Holdings) Ltd.

Gabbotts Farm Limited is the holding company for Gabbotts Farm (Retail) Limited which operates 11 retail butchers units, which includes a factory meat mart attached to a small distribution centre, in the North West of England. Their retail format is almost identical to that of the Company, selling quality fresh meats and food to go at value prices.

Gabbotts Farm (Retail) Limited generated a turnover of c. £10.8m and an EBITDA of £0.8m (before group management fees and one off costs) for the financial year ended 31st December, 2014. The acquisition will increase earnings immediately and provide the Company with access to customers in a completely new geographical region, as well as presenting the potential for operational synergies to further enhance profitability.

Chief Executive Officer, Noel Collett, comments:

"This acquisition provides a well established retail portfolio and factory operation in a new geographical region which is an integral part of our expansion strategy and the start of our exciting journey of achieving 200 stores. Furthermore, the operational synergies and the new supply chain network can rapidly enhance sales and profitability".

So, more meat on the bone, very nice!:o)

Final Results

Results highlights for the year to 31st January 2015.

· Total Group Sales for the year up 17% to £24.6m (2014: £21.0m)

· Full year like for like sales up 5% (2014: 11%)

· EBITDA up 15% to £1.6m (2014: £1.4m)

· Adjusted EBITDA* up 30% to £1.8m (2014: £1.4m)

· Profit before tax £1.2m (2014: £1.0m)

· Net cash £9.1m (2014: £1.0m)

· Earnings per share lower at 1.30p (2014: 1.42p) as a result of the share placing in the year

· LFL sales first 10 weeks of current year down 4% (2014: +19%) with good outlook for the year ahead

more....


"Dividend
The Board is delighted to propose the payment of a final dividend of 0.47 pence per share, which together with the interim dividend of 0.10 pence per share, paid on 31st October 2014, takes the total dividend for the year to 0.57 pence per share, an increase of 10% (2014: 0.52 pence per share). Shareholder approval will be sought at the Annual General Meeting, to be held on 23rd June 2015, to pay the final dividend on 31st July 2015 to shareholders on the register on 3rd July 2015. The ex-dividend date will be 2nd July 2015. As last year, shareholders will have the opportunity to elect to reinvest their cash dividend and purchase existing shares in the Company through a Dividend Reinvestment Plan ('DRIP')."

Steady progress, excellent!

A lot more upside to come here. A share for the patient and the hungry! 😀

Growth Shares Award