3rd Jul 2023 11:22
Wynnstay Group PLC - Powys, Wales-based agriculture supplies - Posts revenue of GBP409.1 million for six months ended on April 30, up 22% from GBP335.7 million a year before. Commodity price inflation accounts for estimated GBP48 million of the rise. Pretax profit is down 44% to GBP5.8 million from GBP10.4 million, as operating profit drops to GBP5.5 million from GBP10.4 million the year before. The year-earlier results included a one-off fertiliser stock price gain, Wynnstay explains. Declares interim dividend of 5.50 pence per share, up 1.8% from 5.4p a year prior. Looking ahead, expects to achieve its underlying growth objectives for the financial year although pressures remain. Read More
