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 acquires blended feed products business Tamar Milling

By Iain Gilbert

Date: Thursday 17 Nov 2022

LONDON (ShareCast) - (Sharecast News) - Agricultural supplies group Wynnstay has acquired blended feed products manufacturer and supplier Tamar Milling in a deal worth up to £1.5m.
Wynnstay said on Thursday that it will make an initial consideration of £1.4m for the Cornwall-based business, funded from existing resources, with a deferred consideration of up to £100,000 payable dependent on performance.

The AIM-listed group, which expects the acquisition to be immediately earnings enhancing, said the addition of Tamar was in line with its strategy of acquiring businesses that complement its existing activities and bring further benefits.

"Tamar is a long-established, high-quality manufacturer and supplier of blended animal feed and 'on-farm' grain milling services to farmers in the southwest of England. Like Wynnstay, it places a strong emphasis on customer service, and has a significant customer base," said chief executive Gareth Davies.

"Tamar is highly complementary and will be immediately earnings enhancing. It fulfills multiple acquisition criteria. It increases our presence in the southwest, adds new farmer customers, and provides us with our first feed manufacturing facility in the area. We look forward to working with our new colleagues and to continuing Tamar's successful growth."

As of 0915 GMT, Wynnstay shares were down 0.81% at 610.0p.





Reporting by Iain Gilbert at Sharecast.com

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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
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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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