IN BRIEF: NWF lifts guidance once again as Fuels arm thrives
10th May 2022 09:53
NWF Group PLC - Cheshire, England-based agricultural feed, food and fuel distributor - Expects full-year results to be "significantly ahead" of recently upgraded expectations. Says trading in final quarter ending May 31 has been better than expected. Has seen "exceptional trading conditions in the Fuels business" amid oil price volatility and supply constraints in UK fuel market. In March, company lifted outlook twice, most recently expecting results to be "significantly ahead of its revised expectations". Company did not include any figures in guidance hikes. In financial 2021, company reported pretax profit of GBP10.8 million on revenue of GBP675.6 million. Read More