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Pin to quick picksNwf Share News (NWF)

Share Price Information for Nwf (NWF)

London Stock Exchange
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Share Price: 191.00
Bid: 187.00
Ask: 195.00
Change: 0.00 (0.00%)
Spread: 8.00 (4.278%)
Open: 191.00
High: 191.00
Low: 191.00
Prev. Close: 191.00
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NWF first half profits climb on reduced revenues

Tue, 04th Aug 2015 12:14

(ShareCast News) - Agricultural and food distribution company NWF posted full year results with profits on the rise but revenue down due to lower commodity prices.The company said group revenue was down by 8% to £492.3m in the year to May, but adjusted profit before tax came in at £8.1m, ahead of analysts' expectations, and up 5% year on year.Basic earnings per share were up 6.5% to 5.4p from 5.1p, and company boosted its full year dividend by 6% to 5.4p.NWF, which divides its business into feeds, food and fuels segments said a challenging year in the ruminant feed markets and reduced milk pries saw underlying profit in the feed segment fall to £1.8m from £3.3m.Underlying operating profit in the food division was up 25% to £2.5m from £2m, while fuel profits were up to £4.3m from £3.2m.Shore Capital said kept a 'hold' rating on the stock and price target of 157p, and said it was unlikely to make major changes to expectations for 2016.Analyst Phil Carroll said shares were trading at 2.4x earnings and that was a fair valuation given the challenging agricultural market backdrop and uncertain food retail industry environment.Shares in NWF were down by 0.99% to 158.56p at 1133 BST.
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15 Jun 2010 16:12

NWF achieves record

Distribution business NWF says that its figures for the year to May 2010 will be ahead of expectations. Management says that it will be a record year for the group. House broker Charles Stanley was forecasting a profit of £6.1m for this year. The food distribution business will produce a record

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15 Jun 2010 07:39

NWF Year End Trading Ahead Of Market Views, Sees Record Year

LONDON (Dow Jones)--NWF Group PLC (NWF.LN), a specialist distribution business, said Tuesday that trading in the year ended May. 31, 2010 has been ahead of market expectations and the now anticipates another record year for the Group. MAIN FACTS: -The Group has successfully secured with Roya

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26 Feb 2010 16:49

Communisis chairman buys

Peter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid

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3 Feb 2010 06:56

Wednesday tips round-up: BP, Imperial Tobacco, Shanks

BP shares are yielding 6.2% in 2010, rising to 6.5% in 2011. Investors should use yesterday's fall in the share price as a buying opportunity. The yield is too impressive to ignore. Trading on a December 2011 earnings multiple of 7.6 times, the stance remains buy says the Telegraph. Whichever way y

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2 Feb 2010 09:27

Soft commodity prices hit NWF sales

Revenue from the food distribution business is holding up at distributor NWF but the feeds and fuels divisions saw sales dip as commodity prices softened. Group revenue from continuing operations fell 11.4% to £175.5m in the six months to 30 November from £198.1m a year earlier. Revenue from food

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11 Jan 2010 08:16

NWF still on track

Oil, animal feeds, and grocery products distributor NWF said it continues to trade in line with expectations whilst maintaining lower debt levels. The group, which specialises in the distribution of food, feed and fuel, after selling its garden centre division last year, issued the update ahead of

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24 Sep 2009 08:36

NWF trading in line

Oil, animal feeds and grocery products distributor NWF said overall the group continues to trade in line with expectations. Food Distribution has continued to make progress, the group said, amid better levels of operational efficiency. In Feeds the summer has been slower than normal as forage has

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12 Aug 2009 06:50

Wednesday tips round-up: Intercontinental Hotels, Greggs, NWF

Intercontinental Hotels, which runs the Holiday Inn and Crowne Plaza chains, released its second-quarter results yesterday, saying that revenue was down, revenue per available room (a key measure in the industry) was down and it had recorded a loss of $82m after last year's $145m profit. If you wan

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11 Aug 2009 08:29

NWF profits take off

NWF Group, which distributes oil, animal feeds and grocery products, grew profits by 48% in the first half as its fuels business made almost twice as much as the year before. Profit before taxation from continuing operations for the year ended 31 May 2009 jumped to £6.2m from £4.2m in 2008 on reven

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12 May 2009 17:00

Imperial chairman buys after results

Imperial Tobacco's chairman Iain Napier has lifted his stake in the firm following its first quarter results, spending more than £35,000 on shares. He took 2,257 at about 1,560p a time and now has 12,538. Imperial saw underlying earnings rise for the half-year but shares were hit because of concer

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