27th Mar 2015 10:22
LONDON (Alliance News) - Agricultural and distribution company NWF Group PLC on Friday said it has reached a settlement on an undisclosed legal claim it made.
NWF said it expects to receive a one-off cash payment related to the settlement, which it says will result in an improvement in its expected year-end net debt position of around GBP2 million.
It will report the benefit from the settlement as an exceptional item in its results for the year to the end of March.
NWF shares were up 1.9% to 138.00 pence on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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