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NWF Group plc ( (GB:NWF) ) just unveiled an update.
NWF Group plc announced its half-year results, highlighting a mixed performance across its segments. The company reported growth in headline operating profit, driven by strong results in Fuels and Feeds, despite a decline in revenue due to lower oil prices. The Fuels segment saw improved margins and cost management, while the Feeds segment benefited from stable raw material prices and increased milk prices. However, the Food segment faced challenges with start-up costs at the new Lymedale warehouse, impacting profitability. NWF remains optimistic about its growth potential, supported by a solid financial position and a pipeline of acquisition opportunities in the Fuels market.
More about NWF Group plc
NWF Group plc is a specialist distributor in the UK, focusing on sectors such as Fuels, Food, and Feeds. The company operates in a fragmented fuels distribution market, with strategic interests in expanding its depot network and capitalizing on scale efficiencies.
YTD Price Performance: 1.95%
Average Trading Volume: 53,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £77.64M
For detailed information about NWF stock, go to TipRanks’ Stock Analysis page.
