NWF Group plc (GB:NWF) has released an update.
NWF Group plc reports that its FY24 financial performance aligns with market expectations, with a notable strong contribution from the Food sector and a normalization in Fuels and Feeds markets. The company’s net cash position stands at £10m, demonstrating effective working capital management and strategic investment in a new warehouse. Looking forward, NWF Group is focusing on growth through acquisitions, particularly in the Fuels division, and is investing in fleet renewals, supported by a robust financial standing.
For further insights into GB:NWF stock, check out TipRanks’ Stock Analysis page.
