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.
Company intends to publish its interim results at the end of June.
Current stock price: 586.00 pence
12-month change: up 27%
By Heather Rydings; [email protected]
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