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Wynnstay (WYN) Share News

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IN BRIEF: Wynnstay CEO takes break due to "serious family matter"

26th Feb 2024 12:25

Wynnstay Group PLC - Powys, Wales-based agricultural supplies and specialist merchanting company - Says that Chief Executive Officer Gareth Davies has requested and been granted a leave of absence, starting with immediate effect. Company says Davies requested leave "to focus on a serious family matter". Chair Steve Ellwood is named executive chair in Davies' absence, again effective immediately. Group Finance Director Rob Thomas will also assume "additional responsibilities". Read More

EARNINGS: Accrol swings to interim profit; Pressure Tech revenue up

30th Jan 2024 12:04

(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

Wynnstay Group shares fall as "abnormally wet" weather hurts trading

30th Nov 2023 11:00

(Alliance News) - Wynnstay Group PLC on Thursday said poor weather and inflationary pressures disrupted trading, and that it expects full-year results below market expectations. Read More

LONDON BROKER RATINGS: Goldman Sachs likes HSBC; RBC raises CVS

13th Sep 2023 09:29

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning: Read More

IN BRIEF: Wynnstay appoints EFS Global's Thomas as finance director

23rd Aug 2023 10:56

Wynnstay Group PLC - Powys, Wales-based agricultural and specialist merchanting firm - Says that following Paul Robert's decision to retire, Rob Thomas has been appointed as its new group finance director. Read More

IN BRIEF: Wynnstay seeks cattle methane reduction via daffodil project

25th Jul 2023 13:22

Wynnstay Group PLC and partner - Powys, Wales-based agriculture supplies group - Says it is working alongside an unnamed partner on a research project which looks into using daffodils to reduce cattle methane emissions. Says the project is developing a new feed additive using an alkaloid extracted from daffodils, which is known to reduce methane. Says the "Dancing with Daffodils" project is supported by the UK Department of Farming, Environment & Rural Affairs and the UK's national innovation agency, Innovate UK. Read More

IN BRIEF: Wynnstay Group lifts interim dividend despite profit fall

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

UK earnings, trading statements calendar - next 7 days

26th Jun 2023 15:54

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EXECUTIVE CHANGES: Wynnstay adds former Waitrose and M&S exec to board

18th Apr 2023 14:04

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and not separately reported by Alliance News: Read More

TRADING UPDATES: React Group optimistic; Cindrigo inks financing

21st Mar 2023 20:18

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

14th Mar 2023 15:49

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Wynnstay raises dividend as annual profit jumps on Ukraine war impact

1st Feb 2023 11:07

(Alliance News) - Wynnstay Group PLC on Wednesday reported an annual profit surge, boosted by the impact on fertilizer prices of Russia's invasion of Ukraine in February of last year. Read More

TRADING UPDATES: Wynnstay buys Tamar; abrdn Japan assets fall

17th Nov 2022 21:53

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

Wynnstay Group says annual results to top market forecasts

14th Nov 2022 17:29

(Alliance News) - Wynnstay Group PLC said on Monday that it expects annual results to be ahead of market forecasts. Read More

IN BRIEF: Wynnstay expects full-year well ahead of market forecasts

6th Sep 2022 14:40

Wynnstay Group PLC - Powys, Wales-based agricultural supplies company - Expects results for the year ending October 31 to be "significantly" ahead of current market forecasts thanks to good weather conditions and an early UK harvest providing "much greater" visibility for the firm at this stage of the year. Also cites gains in Glasson fertiliser activity for the expected improvment. Says demand for feed has been unseasonally strong, reflecting reduced availability of forage after a hot summer. Looking forward, firm is conscious of inflationary pressures and as a result says it is "prudent" to leave expectations for its next financial year unchanged. Read More

Wynnstay raises GBP10.6 million via a placing of 1.9 million shares

18th Aug 2022 11:00

(Alliance News) - Wynnstay Group PLC on Thursday said it has raised GBP10.6 million via a "significantly" oversubscribed placing of 1.9 million shares at 560 pence each. Read More

IN BRIEF: Wynnstay Group to raise GBP10.5 million via placing

17th Aug 2022 18:00

Wynnstay Group PLC - Powys, Wales-based agricultural supplies company - Plans to raise up to GBP10.5 million through a placing of shares, as a strong trading backdrop provides several opportunities to accelerate company growth. Read More

IN BRIEF: Wynnstay Group boasts record half thanks to strong backdrop

28th Jun 2022 12:41

Wynnstay Group PLC - Powys, Wales-based agricultural supplies company - In the six months ended April 30, reports a pretax profit of GBP9.6 million, up 78% from GBP5.5 million the previous year. Revenue jumps to GBP335.7 million from GBP249.7 million, representing 34% growth year-on-year. Company says this represents a record half, ahead of management expectations. Read More

IN BRIEF: Wynnstay forecasts annual profit to top expectations

4th May 2022 18:05

Wynnstay Group PLC - Powys, Wales-based agricultural supplies company - Says trading in the first four months of its new financial year have been in line with expectations across its core activities. Adds that fertiliser operations have experienced "substantial" one-off gains which the company does not specify. Says this was as a result of rising fertiliser commodity prices caused by increases in the price of natural gas. Company expects pretax profit for the year to exceed market expectations. Wynnstay's financial year ends October 2022. Also expects revenue increase due to commodity price inflation. Read More

IN BRIEF: Wynnstay Group acquires poultry feed firm for GBP9.5 million

10th Mar 2022 14:38

Wynnstay Group PLC - Powys, Wales-based agricultural supplies company - Acquires poultry feed supplier Humphrey Feeds and its associated business, Humphrey Pullets Ltd, for GBP9.5 million in cash. A deferred consideration of up to GBP2.0 million may become payable dependent on the achievement of certain performance targets, Wynnstay added. In order to fund the acquisition, the company is entering into a new GBP12.5 million revolving credit facility. Read More

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