http://www.wynnstay.co.uk/

Farm and rural supplies firm Wynnstay Group is one of the most successful companies on AIM today. Wynnstay has increased its dividend to shareholders for eight years running. In the company's recent interim results, the dividend was raised 10% -- pointing to a ninth year the full dividend will be raised.Wynnstay has a growth record most companies would envy. In the last five years, the company has increased sales at a compound annual growth rate of 25.6%. Wynnstay Group's dividend has increased in that time by an average 8.2% per year and eps has risen, on average, 13.0% a year.Only 10 other listed companies can demonstrate a comparable record.The sales and eps growth is expected to continue for the next two years. Wynnstay shares trade at 12 times the consensus 2012 forecast. The shares are expected to yield 2.1% for the coming year.

Half Year Results


http://www.moneyam.com/action/news/showArticle?id=4395269


WYNNSTAY GROUP PLC

("Wynnstay" or "the Group")



Half Year Results

For the six months to 30 April 2012



Key Points



· Encouraging H1 results - in line with management's expectations

· Revenues up 18% to £193.67m (2011: £164.57m)

· Operating profit up 14% to £4.75m (2011: £4.15m)

· Profit before tax up 14% to £4.52m (2011: £3.97m)

· Earnings per share up 14% to 20.34p (2011: 17.91p)

· Net assets up 9% to £54.64m (2011: £49.96m)

· Interim dividend up 10% to 2.85p (2011: 2.60p)

· Agricultural division: revenues up 19% to £154.97m, reflecting

- the benefits of expansion of arable activities, especially with addition of Wrekin Grain, May 2011



· Specialist retailing: revenues up 12% to £38.68m

- Wynnstay Stores: sales continue to be underpinned by high level of non-discretionary spend

- Just for Pets: roll-out continues, with new store opened in February, bringing total to 20



· Board believes Wynnstay is on track for further growth this financial year

- long-term outlook for UK agricultural industry remains positive

Wanted to share this audio interview with you guys

http://www.brrmedia.co.uk/event/98950/ken-greetham-chief-executive-officer

js8106455, thanks for the audio Takes investors through the whole business.

Wynnstay Group's sales, profit and dividend record is hard to beat.

The lion's share of Wynnstay's sales come from supplying farmers with livestock feed and arable supplies (fertiliser, seed). As the country has become less able to feed itself, UK farmers are securing higher prices for their produce. In turn, this benefits a supplier like Wynnstay. This structural advantage has delivered huge growth.

In June, Wynnstay reported sales in the six months to the end of April 2012 were 18% ahead of last year. Earnings per share was up 14% and the interim dividend was increased by another 10%. Despite this strong first-half showing, analysts are forecasting a rise in eps for the year of just 8.9%.

Wynnstay's dividend has increased year-on-year for eight years. The current share price seems undemanding. Wynnstay is a successful company that is enjoying favourable industry conditions.

Wynnstay Group is an agricultural supplies and retail business. The company has an eight-year record of increasing dividends to shareholders, and is one of the most successful companies listed on AIM today.

Wynnstay's low came in late December 2008. At this time the shares were trading at 161p. This was just 8.2 times the company's most recently reported full-year profits.

Considering Wynnstay had announced a 42% increase in interim profits just five months earlier, the market was undervaluing the company massively. This was demonstrated in January 2009 when Wynnstay reported record results and eps of 29p.

The markets that the company serves are uncorrelated with discretionary areas of the economy. It is surprising that the shares fell so low. Although they have since more than doubled, there is room for further rises. Wynnstay shares today trade at just 11.8 times 2012 forecasts. For a company with such an excellent track record, that seems cheap.

Acquisition of Banbury Farm & General Supplies
RNS
RNS Number : 7716Q
Wynnstay Group PLC
09 November 2012



AIM: WYN

WYNNSTAY GROUP PLC

("Wynnstay" or "the Group")



Acquisition of Banbury Farm & General Supplies Ltd



The Board of Wynnstay, the agricultural and specialist retail group, is delighted to announce that it has acquired Banbury Farm & General Supplies Limited ("Banbury"), a hardware and agricultural inputs supplier, based in Burton Dassett outside Banbury in Oxfordshire, for a net consideration of up to £0.65m, after taking into account the utilisation of net cash in the acquired business. Of the net consideration, £0.45m is payable in cash on completion and a further consideration, up to a maximum of £0.2m, may also be payable, depending on Banbury's performance over the next two years. The acquisition extends the geographic spread of Wynnstay's agricultural and specialist retailing activities into the Oxfordshire area.



Established over 14 years ago, Banbury provides a range of products to farmers but also caters for local rural consumers. Its range includes animal nutrition products, diary hygiene products, fencing, gates, horse and pet food, chicken arks, stable matting etc. For the year ended 30 September 2011, Banbury generated revenues of £1.4m and operating profits of £0.19m. Net assets at completion (excluding net cash) are expected to amount to £0.15m.



Wynnstay intends to integrate Banbury into its Country Stores chain, part of Wynnstay's wider specialist retailing activities which also comprise 21 "Just for Pets" specialist pet stores. Together with recent acquisitions in Tetbury, Gloucestershire and Whitchurch, Shropshire, Banbury takes the total number of Country Stores outlets to 31.



Taking into account anticipated net cash acquired of £1.07m, the total gross cash consideration of up to £1.72m will be payable as to £1.37m in cash on completion, a balance of net assets payment made on calculation, expected to be £0.04m within 3 months, additional deferred debtors of £0.11m by August 2013 and the deferred consideration of up to £0.10m on each of the first and second anniversaries of the transaction.



The Directors expect to announce Wynnstay's full year results, for the year ended 31 October 2012, in January 2013.



Ken Greetham, Chief Executive of Wynnstay, said,



"We are very pleased to have acquired this successful agricultural merchant. The acquisition establishes a first physical presence for us in this important farming area, complementing the existing activities of our direct sales force. We look forward to working with the existing management team to expand the business they have successfully developed over a number of years by introducing our wider product range and expertise to their existing customer base."

New high

Up close to a £1 this year, moving up since Sept.

Wynnstay Group – from seeds grow

Shares in agricultural group Wynnstay have steadily bloomed over the last few years, growing from 160p at the end of 2008 to around 440p now and look to have the legs for more.

On top of a solid company proposition, selling seeds, feed and fertiliser to farmers, the company has benefitted from sitting in a key macroeconomic investment sweet-spot predicated on a worldwide food shortage and ever-growing population. Inescapable and inexorable, this trend the legs to keep running for a while yet. What’s more, the group, which was formed in 1918 as a farmers’ co-operative, is looking to add further acquisitions after the recent £0.5m purchased of a small feed supply rival.



As for valuation, Investec analysts are forecasting pre-tax profits of £7.8m and EPS of 34.6p on sales of £388.1m for the current year to October, with a dividend of 8.4p pencilled in. Over the long term the shares should continue to slowly and steadily climb towards the sun, and like wheat they may be buffeted by the winds of the markets but the macro theme remains a strong compost.

A great little share this one.

Good day for WYN very rare to see this climb 4% like today.

Final Results


Results at record level



· Revenue up 9% to £375.78m (2011: £346.18m)



· Group pre-tax profit* up by 13% to £7.82m (2011: £6.94m)



· Earnings per share up 16% to 34.99p (2011: 30.23p)



· Net assets at 31 October 2012 up 10% to £56.83m (2011: £51.70m)



· Proposed final dividend of 5.65p, taking total for the year to 8.50p, a rise of 9% (2011: 7.80p)



· Agricultural division - revenues up 8% to £295.19m, operating profit up 23% to £4.71m, helped by:

- full year contribution from GrainLink

- strong demand for feed



· Specialist retail division - revenues up 13% to £80.47m, operating profit up 5% to £3.90m

- Wynnstay Stores, geographic reach extended through new store additions

- Just for Pets, two new outlets opened, taking total to 21 stores



· Board remains positive about prospects in new financial year




http://www.moneyam.com/action/news/showArticle?id=4524591

A Hold in this weeks IC - A combination of good grain supplies and buoyant demand for animal feed in the second half meant an impressive performance at Wynnstay's
(WYN) agricultural division- which significantly explains the groups decent full year
performance.

http://www.barchart.com/opinions/stocks/WYN.LS

AGM Statement
RNS
RNS Number : 2840A
Wynnstay Group PLC
19 March 2013





AIM:WYN



Wynnstay Group plc

("Wynnstay" or "the Group")



AGM Statement



Wynnstay, the agricultural and retail group, will be holding its Annual General Meeting this morning and will make the following comments on current trading.

After a record performance in the last financial year, the first four months of the new financial year, ending 31 October 2013, have started well and the Group is on target to meet management budgets for the first half.



The Group's broad base of agricultural activities across both the feed and arable markets continues to provide robustness to the business. Within the feed operations, sales have been strong, in line with industry trends, and this is also reflected in the performance of raw materials trading at Glasson. Within the arable operations, seed sales have been very good and the expected recovery in fertiliser sales, after subdued demand in H2, is coming through as farmers approach the usage period. Trading at GrainLink, the Group's grain marketing operation, has been encouraging although as expected it has been affected by the very poor harvest conditions of 2012, which impacted both grain quality and yields.



The specialist retail division has delivered an encouraging performance to date. The Wynnstay Stores chain, now at 31 stores, continues to benefit from high levels of non-discretionary spend by its farming customer base. Footfall at the Just for Pets chain, with 21 stores currently, is responding well to marketing initiatives and like-for-like sales are ahead of the same period last year.



The Board remains confident that Wynnstay is well positioned for ongoing growth and views prospects for the year positively.



As previously announced, John Davies, Non-executive Director and former Chairman, retires from the Board and the Group today. The Board takes this opportunity to reiterate its thanks to John on behalf of all staff for his considerable contribution to Wynnstay's development over more than two decades as Chairman. The process to appoint a new Non-executive Director is now well advanced and the Board expects to make an announcement of a new appointment in the coming weeks. Wynnstay also announces that Jeffrey Kendrick, Non-executive Director, proposes to retire from the Board and the Group at the next AGM in 2014.



Ex dividend Wednesday 27 March 5.65p

A buy in this weeks shares mag. Junes half year figures capable of producing further forecast upgrades.

A buy in this weeks shares mag - Could soon receive further earnings upgrades, possibly as early as its half year statement in June.

DC - thanks for this thread, I've been monitoring these for a few months with a view to buying.

Good time to buy, as the share has drifted over the last few weeks. I think they will have upgrades due to the poor weather leaving farmers having to purchase more feeds etc (same as Carrs milling).

I do look at them, but I need more fingers or a bigger pie!

Wynnstay Group PLC (WYN:LSE) set a new 52-week high during today's trading session when it reached 485.00. Over this period, the share price is up 24.87%.

Wynnstay Group PLC (WYN:LSE) set a new 52-week high during today's trading session when it reached 500.00. Over this period, the share price is up 27.38%.

Article in this weeks IC - cultivate big returns from these farmers friends.

Rising demand for food means companies helping farmers to grow crops and processing the raw materials are set to prosper.
Wynnstay Group (WYN) stands out. It has a 14% share of the UK seeds market and is steadily increasing revenue and profit, while expanding geographically and making acquisitions. It develops feed products and healthcare supplements for livestock, and is also involved in all areas of crop production. Boss Ken Greetham predicts a massive market for agricultural products over the next 30 yrs. Companies in the sector are finally redirecting investment towards research and development , he says, while the outlook for UK agriculture and exports is at its strongest since the 1940's.

£80.6m market cap price change -12 months (%) 26 Forward PE ratio 13.7

Half Year Results

RNS


RNS Number : 3401H

Wynnstay Group PLC

19 June 2013


AIM: WYN


WYNNSTAY GROUP PLC

("Wynnstay" or "the Group")



Half Year Results

For the six months to 30 April 2013



Key Points



· Record H1 results



· Revenues up 12% to £216.12m (2012: £193.67m)



· Profit before tax up 15% to £5.21m (2012: £4.52m)



· Earnings per share up 16% to 23.60p (2012: 20.34p)



· Net assets up 10% to £60.16m (2012: £54.64)



· Interim dividend up 9% to 3.10p (2012: 2.85p)



· Appointment of Philip Kirkham as Non-executive Director in April



· Agricultural supplies division - revenues up 11% to £172.29m

- aided by higher volumes of feed, raw materials, seed and fertiliser



· Specialist retailing - revenues up 13% to £43.76m

- with strong agricultural demand and improved performance from pet products chain



· Wynnstay remains well positioned for further growth



Ken Greetham, Chief Executive, commented,



"Wynnstay has continued to perform well, delivering a record set of half year results, with revenue up by 12% to £216.12m and profit before tax up by 15% to £5.21m.



The record results reflect a combination of factors, including the expansion of the Wynnstay Stores chain, strong raw material and feed sales as the cold weather extended the normal feeding season, and increased seed and fertiliser volumes. Against this, our grain marketing operations saw reduced volumes, impacted as expected by the very poor harvest of 2012. The broad base of the Company's activities continues to be a major strength, helping to smooth the effects of differing conditions across our marketplaces.



There is opportunity for further consolidation within the industry and the Group is well placed to continue to execute its strategy of organic growth combined with selective acquisitions.



After a record first half, the second half of the financial year is progressing well and in line with management expectations. The Board remains confident of the Group's prospects."

.

A hold in this weeks IC. Poor weather boosts Wynnstay.


Broker Shore Capital has increased its full-year pre-tax profit forecast by £500,000 to £8.5m , giving EPS of £37.3p (from £7.76m and 35p in 2012)

A buy in this weeks Shares - Broadly -based agricultural and retail firm Wynnstay is our prime regional pick for its long-term capital growth potential, a rising income stream and near-term forecast upgrades. The £84.3m cap is growing organically and through selective acquisitions in a consolidating agriculture market with compelling fundamentals. For the year to Oct , broker Shore Capital's forecasts point to near -10% profits growth to£8.5m estimates that are likely to prove conservative.

Potential Acquisition

RNS


RNS Number : 5645J

Wynnstay Group PLC

18 July 2013











AIM:WYN



Wynnstay Group plc

("Wynnstay", "the Company" or "the Group")



Potential Acquisition



Wynnstay, the agricultural supplies and specialist retail group, announces that it is in advanced discussions in relation to the potential acquisition of the business and assets of Carmarthen & Pumsaint Farmers Ltd ("Potential Acquisition"), which supplies agricultural inputs. There can be no certainty that these discussions will lead to the Company entering into an agreement for the Potential Acquisition.



A further announcement will be made in due course by the Group, as appropriate.

Wynnstay in talks to buy Carmarthen & Pumsaint Farmers

Thu, 18 July 2013



















Wynnstay, the agricultural supplies and specialist retail group, confirmed it is in advanced talks for the potential acquisition of Carmarthen & Pumsaint Farmers which supplies agricultural products.

"There can be no certainty that these discussions will lead to the company entering into an agreement for the potential acquisition," the aim listed company said in a company statement.

A further announcement will be made in due course, it added.

Shares in the animal feeder supplier were little changed at 506.0p at 11:00 in London.

Potential Acquisition

RNS


RNS Number : 4128K

Wynnstay Group PLC

30 July 2013











AIM:WYN



Wynnstay Group plc

("Wynnstay" or the "Group" or the "Company")



Potential Acquisition



Wynnstay, the agricultural supplies and specialist retail group, is pleased to announce that it has entered into a conditional agreement (the "Acquisition Agreement") with Carmarthen and Pumsaint Farmers Limited, which supplies agricultural inputs from seven stores in South West Wales (the "Society"), to purchase all of the Society's business and assets except for its freehold properties (the "Target Assets"). The initial consideration for the Target Assets will be £4.6 million to be paid in cash on completion, with a further two cash payments to be made one month and two months after completion, dependent on the collection by the Company of certain accounts receivables, which are currently estimated to be approximately £2.6m. The total estimated consideration of £7.2 million reflects the anticipated book value of the Target Assets, which will be subject to final confirmation, and £1 million for the goodwill of the business.

In order for the Society to sell the Target Assets, the Society is required to convert from its current status as an industrial & provident society into a private limited company (the "Newco") (the "Conversion"). The acquisition of the Target Assets (the "Acquisition") is therefore conditional on, inter alia, the Conversion being approved by the ordinary members of the Society. Should the members of the Society approve the Conversion, Wynnstay expects that the Acquisition will complete at the end of September.



Should the Acquisition reach completion, Wynnstay will assess the cash resources available to it to fund the consideration, and the directors of the Company, may, if it is deemed appropriate in the circumstances and in the best interests of the Company, decide to undertake an equity fundraising to fund all or part of the required consideration.



Target Assets



The Society has traded since 1903 and supplies inputs to the agricultural industry. It is based in South West Wales, where it trades from seven stores at Cardigan, Carmarthen, Crosshands, Haverfordwest, Llandeilo, Llandovery and St Clears. For the year ended 30 September 2012, the Society generated revenues of £23.9 million and a loss before tax of £366,000, excluding an exceptional charge of £502,000. Assuming a normalised level of on-going accounts payables relating to the acquired business, the Company expects total capital employed within the acquired business after completion to amount to approximately £4.8 million inclusive of the goodwill.



Pursuant to the Acquisition Agreement, Wynnstay will acquire the Target Assets which exclude: the freehold properties (at Carmarthen, Crosshands, Haverfordwest, Llandeilo, Llandovery and St Clears); the liabilities to the Society's creditors and the liability to its final salary pension scheme. Following completion of the Acquisition, the Newco will retain the freehold properties and grant leases over them to Wynnstay. It will remain liable to pay its creditors and for the liability to the final salary pension scheme.



Rationale for the Acquisition



Wynnstay operates a network of 32 Country Stores located across Wales, the Welsh Border Counties and beyond, with the majority sited in mid and north Wales. The stores cater principally for farmers but also provide products for the wider rural community. Stores supply an extensive range of goods including animal healthcare products, animal nutrition products, clothing, hardware, gardening and sporting products.



The acquisition of the Target Assets would represent a highly complementary addition to Wynnstay's existing stores network, increasing the Group's presence in South West Wales where it is under represented, and enabling it to extend its products and services to a new farmer and rural dweller customer base. There are also synergies of supply with the Group's feed plant at Carmarthen, which manufactures compound and blended feed products.



As Wynnstay expands its Country Stores network, it is able to benefit from greater economies of scale, which helps the Group to maintain competitive pricing for products and services. The expansion of Wynnstay's locations around its Carmarthen feed manufacturing plant also bring efficiency benefits for both farming customers and the Company.



Conditions to the Acquisition



The Acquisition is conditional on, inter alia, the members of the Society approving the Conversion by passing a special resolution at a special general meeting of the Society to be held on 21 August 2013 ("First Meeting") and passing an ordinary resolution at a second special general meeting of the Society to be held on 11 September 2013 ("Second Meeting"). In order to pass the special resolution at the First Meeting, more than half of the total ordinary members of the Society who are entitled to vote, are required to register a vote and the resolution must be approved by at least three quarters of those who actually vote (either in person or by proxy). In order to pass the ordinary resolution at the Second Meeting, a majority of those who vote (either in person or by proxy) must vote in favour of the resolution. Given the high voting threshold for the Conversion, in particular at the First Meeting, there can be no certainty that the Acquisition will be completed.



The Company will make further announcements in relation to the outcomes of the First and Second Meetings and the expected completion date for the Acquisition in due course.



Ken Greetham, Chief Executive of Wynnstay, said,

"The acquisition of the business and assets of Carmarthen and Pumsaint Farmers Limited would be highly complementary, adding seven stores in South West Wales where there is real scope to increase Wynnstay's presence. As we expand our Country Stores network, which currently stands at 32 outlets, we are able to benefit from economies of scale. This in turn helps to ensure that we can provide our customers with competitively priced products. In addition, with our feed mill based at Carmarthen, we can supply local farmers quickly and efficiently.

If successfully completed, the acquisition would mark a positive step for the consolidation within the UK agricultural sector. I look forward to updating the market further on the progress of these talks

A buy in this weeks Shares - For the year to Oct, broker Shore Capital's upgraded forecasts point to near 10% profits growth to £8.5m, estimates which are likely to prove conservative, as well as a 6.5% increase in the four times covered dividend to 9.05p.

Re: Potential Acquisition

RNS


RNS Number : 2325M

Wynnstay Group PLC

22 August 2013







AIM: WYN





Wynnstay Group plc

("Wynnstay" or the "Company")



Re: Potential Acquisition



Further to its announcement of 30 July 2013, Wynnstay, the agricultural supplies and specialist retail group, is pleased to provide an update on its proposed acquisition of all of the business and assets of Carmarthen and Pumsaint Farmers Limited (the "Society") except for its freehold properties (the "Acquisition").

At the Society's special general meeting, held yesterday, its ordinary members passed a special resolution to convert the Society from its current status as an industrial and provident society into a private limited company (the "Conversion") and approve the Acquisition.

The Acquisition is now conditional on, inter alia, the Society's ordinary members passing an ordinary resolution to confirm the Conversion, at a second general meeting which is to be held on 11 September 2013 (the "Second Meeting"). Assuming the vote is passed at the Second Meeting, the Company expects that the Acquisition will complete at the end of September. The Company will make further announcements in relation to the outcome of the Second Meeting and the expected completion date for the Acquisition in due course

Wynnstay chairman Gareth Owen dies

StockMarketWire.com

Wynnstay said its chairman, Gareth Owen, has died. An announcement regarding the appointment of Owen's successor would be made in due course.



At 9:51am: (LON:WYN) Wynnstay Group share price was 0p at 551p


Story provided by StockMarketWire.com

Still favoured by shares mag this week .


Wynnstay Group PLC (WYN:LSE) set a new 52-week high during today's trading session when it reached 580.00. Over this period, the share price is up 44.40%.

Acquisition and Placing


http://www.moneyam.com/action/news/showArticle?id=4666894

Wynnstay raises funds and buys Welsh farm stores

Thu, 12 September 2013


Farm supplies group Wynnstay has completed a nine million pound fundraising to complete the purchase of seven Welsh country stores.

The stores are run by Carmarthen and Pumsaint Farmers, an industrial and provident society, whose members on Thursday voted in favour of the acquisition.

Wynnstay Chief Executive Ken Greetham said: "The addition of the society's seven stores in South West Wales represents an excellent fit with our existing Wynnstay Country Stores activities and enables us to extend our presence in an area where we have been under-represented.”

He said the group intend to expand the range of products and services in the shops and added that the location of Wynnstay’s feed mill at Carmarthen would bring additional advantages.

The company placed shares at 535p, a 4.9% discount to the closing price the previous day, to raise a net £8.7m after costs going mainly to its broker Shore Capital.

Greetham said the fundraising was well supported by both new and existing investors.

“Due to very strong investor demand, we are delighted to have been able to raise additional funds above the amount we needed to fund the acquisition, which will help to support our position as a consolidator in the agricultural sector.”

Shares in Wynnstay were down 0.5% to 558.5p at 13:49 on Thursday.

Ex dividend 25 Sept, payment 31 Oct - 3.1p

Completion of Acquisition and Placing

RNS


RNS Number : 3366P

Wynnstay Group PLC

01 October 2013








1 October 2013

AIM:WYN



Wynnstay Group plc

("Wynnstay" or the "Group" or the "Company")



Completion of Acquisition and Placing



Further to its announcement on 12 September 2013, Wynnstay, the agricultural supplies and specialist retail group, is pleased to confirm that the acquisition of all of the business and assets of Carmarthen and Pumsaint Farmers Limited except for its freehold properties has now completed.



The Company also confirms that the 1,682,242 new ordinary shares of 25 pence each in the capital of the Company issued in connection with the placing to raise gross proceeds of £9.0 million were admitted to trading on the AIM market of the London Stock Exchange at 8.00 a.m. on 30 September 2013.

Wynnstay Group PLC (WYN:LSE) set a new 52-week high during Wednesday's trading session when it reached 587.00. Over this period, the share price is up 50.25%.

Wynnstay Group PLC (WYN:LSE) set a new 52-week high during Tuesday's trading session when it reached 620.00. Over this period, the share price is up 55.83%.

Good steady riser.

Wynnstay: Investec ups target price from 605p to 621p and retains a hold recommendation.

AGM Statement

RNS


RNS Number : 5067C

Wynnstay Group PLC

18 March 2014






AIM: WYN

Wynnstay Group plc

("Wynnstay" or "the Group")



AGM Statement



Wynnstay, the agricultural and retail group, will be holding its Annual General Meeting this morning and will make the following comments on current trading.

As previously reported, results for the year to 31 October 2013 set new records, with good contributions from all areas of activity. The performance was aided by exceptionally strong demand for feed, raw materials and spring cereals which reflected the adverse weather conditions in 2012/13.



Trading in the first half of the new financial year to date has also been influenced by the weather. Two successive poor harvests have reduced the grain crop and the exceptionally mild winter has shortened the housing period for livestock, reducing feed demand. While the remainder of March and April, both key agricultural months, are still to come, the first half results are currently expected to be behind the record level of the prior year. However current market conditions are encouraging for the second half of the year. Demand for spring fertiliser has increased and is likely to remain strong, partly as a result of the large acreage of winter cereals, which should also result in a good grain harvest this autumn. Wynnstay is also well-placed in the cereal and herbage seed sector and expects a more normalised demand for cereal seed, with strongest sales in the autumn period, in contrast to the last financial year.



Wynnstay's specialist retailing division continues to make progress with an increase in the number of Country Stores albeit the mild winter has affected the mix of sales. The initial integration of the seven new outlets in South West Wales is proceeding to plan and the focus will move to upgrading and enhancing the product offering. Just for Pets, the Group's pet products chain, experienced an encouraging start to the year and we anticipate opening new retail sites during 2014.



While the current financial year has experienced a more challenging start, the Group remains well positioned to pursue its growth plans.



As previously announced, Jeffrey Kendrick, Non-executive Director, retires from the Board and the Group today. Wynnstay would like to put on record its tremendous appreciation of his significant contribution over some twenty-five years and wishes him well in his retirement.

Half Year Results


· Robust trading performance in conditions markedly different to prior H1, a record half year



· Revenue up 3% to £222.49m (2013: £216.09m)

- including £9.0m contribution from Carmarthen & Pumsaint Farmers business ("CPF")



· PBT reduced by 10% to £4.70m (2013: £5.21m)

- no contribution from CPF in H1 as expected



· EPS decreased by 18% to 19.41p (2013: 23.60p), reflecting additional shares in issue



· Net debt significantly reduced at £10.86m, a decrease of 29% (2013: £15.36m)



· Net assets up 24% to £74.54m (2013: £60.16m)



· Increased interim dividend of 3.40p, a rise of 9.7% (2013: 3.10p, a rise of 8.8%)

- in line with policy to increase payout while maintaining a prudent dividend cover ratio



· Agricultural Division - revenues of £171.50m, operating profit of £2.35m:

- unusually mild weather impacted normal seasonal demand



· Specialist Retail Division - revenues of £50.81m, operating profit of £2.58m:

- reduced demand for weather-related products, particularly bagged feed, in country stores offset by

a strong performance from Just for Pets



· Integration of CPF well underway - will contribute to Group profitability in H2 and beyond

- H1 revenue contribution to both Divisions



· Prospects for the balance of the year are encouraging with a good harvest expected



http://www.moneyam.com/action/news/showArticle?id=4831471

14 Jan Investec 574.00 Hold

Wynnstay Group (AIM:WYN) - nice set of full year results from the agricultural suppliers. More at http://tinyurl.com/ppgedct

Final Results


Key Points



· Robust results with Group's broad spread of activities continuing to be a major strength



· Revenue at £413.56m (2013: £413.48m)

- affected by commodity price deflation but volume gains in certain markets



· Group pre-tax profit* of £8.60m (2013: £8.46m excluding exceptional item of £0.35m and £8.11m after exceptional item)

- following robust H2 performance



· Earnings per share of 35.28p (2013: 36.43p)



· Net cash at the year end of £2.75m (2013: net debt of £2.49m)



· Net assets at 31 October 2014 up 8% to £77.23m (2013: £71.55m)



· Proposed final dividend of 6.80p, taking total for the year to 10.20p, a rise of 9.7% (2013: 9.30p)



· Agricultural Division - revenue at £308.71m, operating profit of £3.80m:

- overall increase in volumes but margin pressure across core product categories

- fall in grain prices (to 2008 levels) tempered fertiliser and grain trading activity in H2



· Specialist Retail Division - revenue at £104.62m, operating profit of £4.88m:

- benefited from CPF acquisition, including profit contribution in H2

- now 42 Country Stores (catering mainly for farmers) and 20 Just for Pets stores



· Outlook positive despite near term challenges of reduced output prices for farmers




http://www.moneyam.com/action/news/showArticle?id=4962123

Agricultural supply to rural retailer Wynnstay Group announces record pre-tax profits

http://www.walesonline.co.uk/business/business-news/agricultural-supply-rural-retailer-wynnstay-8485709

Agm statement

26 Mar 2015 Wynnstay Group PLC (6.8 P) Ex dividend

Wynnstay featured in our weekly round-up of announcements from AIM, see more at http://tinyurl.com/proj74c

Half Yearly Report
RNS
RNS Number : 0088R
Wynnstay Group PLC
24 June 2015



AIM: WYN



WYNNSTAY GROUP PLC

("Wynnstay" or "the Group")



Half Year Results

For the six months to 30 April 2015



Key Points



· Encouraging performance - despite a difficult trading backdrop, with low output prices for farmers

- underlying* operating profit up 4.9% to £5.13m

- balanced business model has underpinned results



· Revenue of £200.56m (2014: £222.49m) - affected by commodity price deflation

- market share maintained or improved in key product areas



· Pre-tax profit up to £4.82m (2014: £4.70m)



· Earnings per share up to 20.26p (2014: 19.41p)



· Net debt at 30 April 2015 of £8.09m (2014: £10.86m), a 25% reduction



· Net assets at 30 April 2015 up to £80.28m (2014: £74.54m)



· Interim dividend of 3.7p, an increase of 8.8% (2014: 3.4p)



· Agricultural Division - revenue at £147.33m, operating profit at £2.23m

- increased feed volumes partly offset impact of low grain price on arable activities



· Specialist Retail Division - revenue at £53.18m, operating profit at £2.85m

- good performance, with CPF acquisition benefits coming through as planned



· New five year corporate growth plan agreed

- organic and acquisitive growth opportunities on existing foundations



· Long term outlook remains very positive; short term headwinds reflecting lower output prices



* underlying operating profit is before intangible amortisation and share-based payments



Chief Executive Ken Greetham commented:



"I am very pleased to report that the balanced business model has allowed us to deliver an encouraging first half performance, with underlying* operating profit up 4.9% to £5.13m, despite a difficult backdrop, with poor output prices for farmers. The main drivers of this resilient performance were the continuing progress within our Specialist Retail activities and increased feed volumes, which helped to offset the change in trading patterns within the arable sector.



Trading conditions for farmers have been difficult for the last two years. However the industry is cyclical and the macro economic factors around world demand remain compelling.



Our recently completed business planning exercise highlights the growth opportunities available to the Group and the Board remains confident about Wynnstay's continued future growth, built on the existing solid foundations.



The business continues to benefit from its broad base of activities and overall current trading is in line with management expectations."

Ex-Dividend
24 Mar 16 Wynnstay Group PLC [WYN] (7.4 p)
29 Sep 16 Wynnstay Group PLC [WYN] (4 p)

Scrip dividend election
RNS
RNS Number : 9135N
Wynnstay Group PLC
31 October 2016
 
AIM: WYN
 
 
Wynnstay Group plc
(the "Company")
 
Scrip dividend election and Directors' shareholdings
 
The Company announces the following information in relation to the ordinary share capital of the Company:
 
Elections to accept the scrip dividend alternative with regard to the interim dividend for the year ended 31 October 2016 paid on 31 October 2016 were received from the holders of 3,187,347 ordinary shares of 25p each in the Company ("Ordinary Shares"), in aggregate, representing approximately 16.4% of the Ordinary Shares in issue on 30 September 2016, being the record date for the interim dividend. Accordingly, 25,309 new Ordinary Shares have been issued in satisfaction of such elections at an equivalent price of £5.205 each, increasing the enlarged issued Ordinary Share capital of the Company to 19,495,193 Ordinary Shares. The additional cost to the Company of the dividend paid in cash amounts to approximately £651,327 in total.
 
In the issue, as set out in the dealing notifications below, two directors received new Ordinary Shares in lieu of cash dividends.
 
Application has been made for the new Ordinary Shares to be admitted to trading on AIM. Dealings are expected to commence on 4 November 2016.
 
Following the above transactions and for the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of Ordinary Shares in issue as at the date of this notice is 19,495,193 with each share carrying the right to one vote. There are no shares held in treasury. Therefore, the total number of voting rights in the Company is 19,495,193.
 
The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

AGM Statement
RNS
RNS Number : 9974Z
Wynnstay Group PLC
21 March 2017
 
21 March 2017
AIM: WYN
 
Wynnstay Group plc
("Wynnstay" or the "Group")
 
AGM Statement
 
 
Wynnstay, the agricultural and retail group, will be holding its Annual General Meeting this morning and will make the following comment on current trading:
 
The trading environment for farmers has continued to show signs of recovery, with farm output prices higher year-on-year, although from low comparatives. This is encouraging although, as yet, it is too early to determine the strength of the recovery. There are important seasonal trading months ahead for Wynnstay, particularly for feed sales and these will influence the outcome for the half year. Nonetheless, at this stage, we continue to remain encouraged that Wynnstay is on track to return to growth in the current financial year.
 
In the Agricultural division, demand for ruminant feed has increased year-on-year, reflecting national trends.  Fertiliser sales have been good as farmers purchased ahead of anticipated price increases. Demand for spring seed is also encouraging and, as expected, the smaller 2016 harvest has meant that grain trading volumes in the period are behind the previous year.
 
Within the Specialist Retail operations, our agricultural retail activities have seen a small increase in like-for-like sales over recent months, mainly attributable to hardware products.  However, demand at Just for Pets, the pet products business, remains subdued, reflecting the challenging high street.
 
We are continuing to invest in the business, including in our technology platform, to drive efficiencies and better position the Group for long term growth.

Trading Update
RNS
RNS Number : 0349G
Wynnstay Group PLC
24 May 2017
 
 
 
 
 
24 May 2017
AIM: WYN
Wynnstay Group plc
("Wynnstay" or "the Company" or "the Group")
 
Trading Update
 
Wynnstay, the agricultural and retail group, provides the following update on trading for the six months to 30 April 2017.
 
The Group's activities excluding the pet products operations, Just for Pets, are expected to show a better performance for the first half, year-on-year. Trading headwinds for farmers have eased somewhat but the agricultural environment remains challenging, with margin pressures a feature. Just for Pets has continued to experience subdued demand, reflecting general retail trends in the sector, and certain stores in particular have not delivered the expected performance, resulting in losses in this activity during the first half. As a consequence, the Board now expects to book a non-cash goodwill impairment charge for the period although the level of this charge is yet to be finalised. This will result in the Company's reported profits for the first half of the financial year being materially lower than for the same period last year.  The Company's adjusted profit before tax (before the goodwill impairment charge) for this period will be marginally below last year, impacted by the Just for Pets performance.
 
Just for Pets remains a relatively small part of the wider Group and, accordingly, the Board is reviewing the options for the unit and expects to announce restructuring plans in the second half of the year. Any associated exceptional charges would be taken in this period.  
 
The Company will be announcing its results for the six months ended 30 April 2017 on Wednesday, 21 June 2017