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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 reports interim improvement

Tue, 01st Feb 2011 18:32

A strong performance from animal feeds offset tough trading for the food distribution business and enabled AIM-quoted NWF to report higher interim profit. Revenues grew 16% to £203.4m in the six months to November 2010, while pre-tax profit improved from £2m to £2.2m. Net debt was 317.1m at the end of November 2010. The interim dividend is unchanged at 1p a share but the final dividend is likely to be higher than the 3.3p a share paid last year. Promotional activity by supermarkets complicated demand patterns and made them more variable for the food distribution business. This increased the cost of fulfilling orders hit the division's profit. NWF believes that it can demonstrate these increased costs and ask for higher payments. Animal feeds had a strong first half with volumes 8% ahead and operating profit trebling to £1.5m. Raw material price increases have been passed on. Fuels revenues grew but profit was flat. The £3.3m acquisition of Evesons last month will enhance this division. NWF targets a 1p/litre profit on its fuel sales. If it can generate that figure from Evesons then its profit could improve from £100,000 to £800,000. That may take two or three years, though. The second half of the year tends to generate two-thirds of profit as fuel and animal feed demand increases in the winter. House broker Charles Stanley forecasts a profit of £6.3m for the year to May 2011, down from £7.1m in 2009-10. The shortfall is mainly due to the food distribution business but fuels will also find it difficult to maintain the unusually high level of profit it achieved last year. Animal feeds is expected to improve its contribution.
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4 Mar 2014 13:31

NWF Group Pays A Total Of GBP6.56 Million For SC Feeds Ltd

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10 Feb 2014 15:52

NWF non-exec buys 10,000 shares

Monday was a relatively quiet day for director dealings with very few notable transactions taking place. One took place at agricultural and distribution firm NWF Group where Non-Executive Director Yvonne Monaghan acquired 10,000 shares at a price of 138p each. The £13,800 deal represents Monaghan'

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10 Feb 2014 10:26

DIRECTOR DEALINGS: NWF Group Non-Executive Buys 10,000 Shares

LONDON (Alliance News) - NWF Group PLC Monday said non-executive director Yvonne Monaghan bought 10,000 shares at a price of 138 pence per share Friday. The purchase represents Monaghan's only holding in the company. Shares in the petrol distributor were quoted at 139.00 pence up 1.1%

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4 Feb 2014 12:02

NWF Group Delivers Strong First Half As Profits, Revenue Increase

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