01 Aug 2017

FY17 results

NWF Group plc (NWF:LON) | 172 -0.9 (-0.3%) | Mkt Cap: 85.0m

- Adrian Kearsey
- 19 pages

Full year result from NWF highlights the benefits of diversification and once again proves the cash generative nature of the three divisions. Given earlier updates there are no operational surprises. Food and Fuel earnings were strong, reflecting increased activity levels in Food and higher volumes in Fuel. Feeds earnings were down. This was entirely due to trading early in 1H17, 2H16 vs 2H17 earnings were flat. Overall, group EBIT was £9.0m vs £8.7m (in-line with PG forecasts). W ....

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FY17 results

NWF Group plc (NWF:LON) | 172 -0.9 (-0.3%) | Mkt Cap: 85.0m

Published: 01 Aug 2017
Author: Adrian Kearsey
Pages: 19

Full year result from NWF highlights the benefits of diversification and once again proves the cash generative nature of the three divisions. Given earlier updates there are no operational surprises. Food and Fuel earnings were strong, reflecting increased activity levels in Food and higher volumes in Fuel. Feeds earnings were down. This was entirely due to trading early in 1H17, 2H16 vs 2H17 earnings were flat. Overall, group EBIT was £9.0m vs £8.7m (in-line with PG forecasts). W ....