NWF Group (NWF)

Sector:

Support

Index:

FTSE AIM All-Share

207.33p
   
  • Change Today:
      4.33p
  • 52 Week High: 275.00
  • 52 Week Low: 173.50
  • Currency: UK Pounds
  • Shares Issued: 49.44m
  • Volume: 27,994
  • Market Cap: £102.50m
  • RiskGrade: 106

NWF Group FY headline pre-tax profits projected to beat expectations

By Iain Gilbert

Date: Friday 11 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Animal food manufacturer NWF Group said on Friday that it had put on a "strong overall trading performance" in the fourth quarter and as a result, full-year headline pre-tax profits were now expected to be ahead of market expectations.
NWF highlighted that all of its divisions had remained fully operational throughout the Covid-19 pandemic, with safe methods of working and home working implemented where possible.

The AIM-listed group stated its fuels unit had turned in a "strong performance ahead of expectations", with a continued mix improvement from heating oil and gas oil, while trading in its food business improved in the second half, in line with expectations following more stable demand patterns and improved business efficiency.

In NWF's feeds division, margins came under pressure during the winter months amid commodity price increases and reduced visibility in November as a result of a cyber incident that saw its IT systems hacked.

Net debt at the year-end was now projected to be lower than previous expectations thanks to the stronger trading result, as well as ongoing disciplined cash management across the group and a lower than planned capital expenditure.

As of 1020 BST, NWF shares were up 7.14% at 217.50p.

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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.

 

NWF Group Market Data

Currency UK Pounds
Share Price 207.33p
Change Today 4.33p
% Change 2.13 %
52 Week High 275.00
52 Week Low 173.50
Volume 27,994
Shares Issued 49.44m
Market Cap £102.50m
RiskGrade 106

NWF Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average71.88% above the market average
82.22% above the sector average82.22% above the sector average82.22% above the sector average82.22% above the sector average82.22% above the sector average
Price Trend
22.17% below the market average22.17% below the market average22.17% below the market average22.17% below the market average22.17% below the market average
14.85% below the sector average14.85% below the sector average14.85% below the sector average14.85% below the sector average14.85% below the sector average
Income
51.52% above the market average51.52% above the market average51.52% above the market average51.52% above the market average51.52% above the market average
63.08% above the sector average63.08% above the sector average63.08% above the sector average63.08% above the sector average63.08% above the sector average
Growth
31.77% above the market average31.77% above the market average31.77% above the market average31.77% above the market average31.77% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

NWF Group Dividends

  Latest Previous
  Interim Final
Ex-Div 21-Mar-24 02-Nov-23
Paid 01-May-24 08-Dec-23
Amount 1.00p 6.80p

Trades for 28-Mar-2024

Time Volume / Share Price
15:40 333 @ 210.00p
14:18 270 @ 206.00p
14:18 723 @ 203.55p
14:18 230 @ 203.55p
14:15 515 @ 206.00p

NWF Group Key Personnel

Chair Philip Acton

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