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.

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.