Richard Whiting, Chief Executive & Chris Belsham, Group Finance Director present NWF’s interim results (to 30.11.20), to analysts, on 2nd Feburary 2021.
Richard Whiting, Chief Executive Introduction – 00:17 Results summary – 00:47 Impact and response to COVID-19 – 01:46 Fuels highlights – 02:47 Food highlights – 03:50 Feeds highlights – 05:12 Impact and response to Cyber incident – 06:37
Chris Belsham, Group Finance Director Financial highlights – 07:42 Income statement – 07-50 Balance sheet- 09:23 Pension – 10:31 Cash flow – 11:36 Net debt – 12:08
Richard Whiting, Chief Executive Strategy summary – 13:17 UK fuel market – 14:23 Acquisition activity – 14:40
Chris Belsham, Group Finance Director Acquisition process – 16:36
Richard Whiting, Chief Executive ESG framework – 19:14 The NWF proposition – 21:02 Summary and outlook – 22:04
Q&A – 23:11
NWF Group plc is engaged in the manufacture and sale of animal feeds, the sale and distribution of fuel oils, and the warehousing and distribution of ambient groceries. The Company operates through three segments: Feeds, Food and Fuels. The Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products. The Food segment is engaged in warehousing and distribution of clients’ ambient grocery and other products to supermarket and other retail distribution centers. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The Company’s subsidiary, Boughey Distribution Limited, is engaged in warehousing and food distribution. Its subsidiaries, NWF Agriculture Limited, S.C. Feeds Limited, New Breed (UK) Limited and Jim Peet (Agriculture) Limited, are engaged in animal feedstuffs and seeds supply. Its subsidiaries, NWF Fuels Limited and Staffordshire Fuels Limited, are engaged in fuel distribution.