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)

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

2015 high today @57p

9 month high today @63p.

It's on a sausage roll!

Director Change

Crawshaw Group Plc ("Crawshaw", the "Company" or the "Group"), the fresh meat and food-to-go retailer, today announces that Colin Crawshaw will step down from the Plc Board as Buying Director with immediate effect.

Colin will continue to work in his current function as part-time head of buying to facilitate a smooth transition to the new full-time Buying Director.


Chief Executive Officer, Noel Collett, comments:

"We wish to express our sincere gratitude to Colin for his drive, commitment and loyalty over the past 25 years with the Group and wish him the very best for the future.

Colin's retirement provides the opportunity to appoint a new full-time Buying Director, which forms part of our core strategy to deliver our plan of opening 200 stores. This plan is progressing very well and is on track, so we continue to look to the future with great confidence and excitement."


Colin Crawshaw comments:

"I have thoroughly enjoyed my 40 years in the Butcher Industry and being part of the Crawshaws business for over 25 years. I think now is the right moment for me to step aside and hand over responsibility to a full-time Buying Director. This will help the business to deliver the growth plans and I will do everything to support the new appointee during the transition."

AGM Statement

At this afternoon's AGM of Crawshaw Group PLC, the fresh meat and food to go retailer, the Chairman, Richard Rose, will give the following trading and strategic update:

In the 8 weeks since my last statement on the 23rd April, LFL sales for the extended group are up 2.3%, building further on the increase of 6.4% achieved over the same period last year. This strong trading performance is spread across our combined store portfolio and we have seen positive growth in both customer numbers and average spend.

The initial integration of Gabbotts Farm Ltd has been very smooth and we are well underway with developing the customer proposition in all stores. The post-integration initiatives have enhanced our sales and profitability, and we will continue with the operational synergies and extension of the supply chain network.

Our growth plan is progressing very well and is on track. We have recently opened a new store in Leeds, the Bolton store will open in July, and a further 4 stores are planned to open before Christmas. This growth, including the Gabbotts Farm acquisition, represents an increase of 17 stores for the financial year and will take our portfolio to 39 stores.

Richard Rose, Chairman of Crawshaw, commented: "Our sales, customer numbers and average spend continue to increase reflecting the excellent quality and value we offer. Under the leadership of our new CEO Noel Collett, the board continue to build and develop the resource, infrastructure and initiatives to grow sales within the existing estate and deliver the roll out strategy in a controlled and disciplined manner. It is a very exciting time for the business and we look to the future with great confidence."

Directorate Change

Yesterday's sales at a guess - Arrowgrass Capital Partners LLP > 14%

I was on a train on which the wifi connection failed, what happened yesterday? Do you mean buys skinny or did Crawshaws have a sale of pies?! :o)