Crawshaw expects full-year results to exceed expectations

17th Sep 2015 08:48

(ShareCast News) - Fresh meat and food-to-go retailer Crawshaw Group said it expects full-year results for the 12 months to January 2016 to exceed market expectations.In a statement released on Thursday, the group said like-for-like sales had been particularly strong across all the divisions in the last quarter, on the back of a number of initiatives undertaken by the new management.The group added its gross margin position has improved and its two newly-opened stores were trading very well."We look forward to presenting a strong trading position at our interim announcement on 29 September 2015 and now expect the company to exceed market expectations for the year ended 31 January 2016," the company said in a statement.Crawshaw shares were up 6.87% to 70.00p at 0854 BST on Thursday.