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 weathers year marred by deflation

By Josh White

Date: Wednesday 25 Jan 2017

LONDON (ShareCast) - (ShareCast News) - Wynnstay posted its final results for the year to 31 October on Wednesday, calling them "satisfactory" and in line with market expectations, despite a tough trading environment.
The AIM-traded company reported group revenue of £368.14m, down from £377.38m in the prior year, which the board said was impacted by deflation.

Profit before tax was £7.29m, down from £8.34m, with underlying pre-tax profit at £7.37m, falling from £9.05m.

Earnings per share dropped to 30.01p from 34.66p, although net cash increased to £4.28m from £2.14m, helped by "strong" cash generation.

Net assets increased to £86.95m from £82.86m.

The board proposed a final dividend of 8.00p, taking the total payout for the year to 12.00p - an increase of 8.11%.

"Our results are in line with market expectations and reflect the tough trading environment, which stemmed from an imbalance in world markets and has led to low output prices for farmers, most apparent in the dairy sector," said chief executive Ken Greetham.

"Despite the backdrop, we continued to invest significantly across the Group to support efficiencies and future growth plans, and have further extended our trading reach in the South of England through our Wynnstay Store outlets."

Greetham said that over recent months, there has been a recovery in output prices for farmers - mainly as a result of the devaluation of sterling - and the new financial year started in line with management expectations for the company.

"We remain optimistic of further improvement and are focused on continuing to develop Wynnstay's market presence.

"The group's breadth of products and balanced spread of activities remains key strengths."

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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
91.25% above the market average91.25% above the market average91.25% above the market average91.25% above the market average91.25% 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
45.37% below the market average45.37% below the market average45.37% below the market average45.37% below the market average45.37% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Income
58.84% above the market average58.84% above the market average58.84% above the market average58.84% above the market average58.84% 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
34.61% below the market average34.61% below the market average34.61% below the market average34.61% below the market average34.61% 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
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

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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