Wynnstay Group (WYN)

Sector:

Food

Index:

FTSE AIM All-Share

355.00p
   
  • Change Today:
    -12.50p
  • 52 Week High: 507.00
  • 52 Week Low: 325.00
  • Currency: UK Pounds
  • Shares Issued: 22.99m
  • Volume: 52,674
  • Market Cap: £81.60m
  • RiskGrade: 162

Wynnstay trading in line, confident for full-year

By Caroline Jouan

Date: Wednesday 18 Jun 2014

LONDON (ShareCast) - - Pre-tax profit down 10% from last year's record level
- Current trading in line with management budgets
- Confident in prospects for remainder of year

Wynnstay, the agricultural supplies and specialist retail group, posted a a solid half-year performance following tough comparatives the year before, and is confident of progress for the remainder of the financial year.

Pre-tax profit fell to £4.7m in the six months ended April 30th from £5.2m the year earlier. Revenues for the period rose to £222.49m from £216.09m a year earlier.

Chief Executive Ken Greetham said: "While pre-tax profit is 10% behind last year's record level, this year's results were achieved in trading conditions which differed markedly to the prior year and continue to demonstrate the strength of Wynnstay's broad spread of activities.

"The variation between the two first halves largely reflected the weather conditions, which in both periods was atypical for the season. The unusually mild weather in the first half gave rise to a different demand pattern across our products and market segments against the same period last year."

Nonetheless, Wynnstay said its performance within agricultural products was robust and encouraging given the market conditions.

It said current trading is in line with management budgets and, with a good harvest expected, it remains confident of prospects for the remainder of the financial year and beyond.

Underlining its confidence in future trading, the board has declared an increased interim dividend of 3.4p per share from 3.1p a year earlier.


CJ

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Wynnstay Group Market Data

Currency UK Pounds
Share Price 355.00p
Change Today -12.50p
% Change -3.40 %
52 Week High 507.00
52 Week Low 325.00
Volume 52,674
Shares Issued 22.99m
Market Cap £81.60m
RiskGrade 162

Wynnstay Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
91.80% above the market average91.80% above the market average91.80% above the market average91.80% above the market average91.80% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Price Trend
49.6% below the market average49.6% below the market average49.6% below the market average49.6% below the market average49.6% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Income
59.90% above the market average59.90% above the market average59.90% above the market average59.90% above the market average59.90% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Growth
33.81% below the market average33.81% below the market average33.81% below the market average33.81% below the market average33.81% below the market average
12% below the sector average12% below the sector average12% below the sector average12% below the sector average12% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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Wynnstay Group Dividends

  Latest Previous
  Final Interim
Ex-Div 28-Mar-24 28-Sep-23
Paid 30-Apr-24 31-Oct-23
Amount 11.75p 5.50p

Trades for 28-Mar-2024

Time Volume / Share Price
16:13 16,197 @ 352.00p
16:25 6,500 @ 357.00p
16:25 850 @ 355.00p
16:03 1,193 @ 352.00p
15:32 278 @ 357.00p

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