With a heritage in the agricultural sector, established in 1871, the Group has 140 years' experience in adding value to our customers' businesses. Our three divisions in the manufacture and supply of animal feeds, ambient grocery distribution and the distribution of fuels have been successfully developed from common roots.


http://www.nwf.co.uk/

Shares mag - Analysts have upgradedprice targets for food, feeds and fuel distributor NWF (NWF:AIM) in reaction to last weeks interim results. Pre tax profit jumped by 28% to £2.3m and net debt more than halfed to£13.7m.NWF is 'aggressively pursuing' new business with several contract tender results to be announced this month and in March. The £54m cap will also seek to expand its agricultural operations through a mixture of organic and acquisitive-led growth initiatives. It is pushing up earnings by selling to farmers rather than collective buying groups.
NWF is forecast to make £6 million pre-tax profit in the year to May 2013. It offers a 4.1% prospective dividend yield and trades on 12.4 times PE ratio. Watching this one.

Trading update and notice of preliminary results
RNS
RNS Number : 8264E
NWF Group PLC
16 May 2013



NWF Group plc

Final for release 7.00 am 16 May 2013

NWF Group plc ('NWF' or 'the Group')
Trading update and notice of preliminary results for the year ended 31 May 2013


NWF Group plc, the specialist agricultural and distribution business, is pleased to announce that trading in the winter and early spring months has been strong and the Board now anticipates the outcome for the financial year will be significantly ahead of current market expectations.



The Feeds division has continued to trade strongly with a focus on direct supplies to farmers across the country. The late turn out of dairy herds has caused an increase in demand for feed from our customers in combination with a sharp increase in the market demand for sheep feed. The business has continued to maintain high levels of customer service in spite of unusually high demand and the sometimes challenging delivery conditions.



Trading conditions in the Food division continues to be difficult, as anticipated and previously highlighted. Service levels have been maintained at very high levels, whilst the division looks to mitigate the current market conditions.



The Fuel division has benefited from continued high levels of demand for heating oil through the prolonged severe winter period. A focus on customer service and the flexibility of our depot based model has allowed the business to meet customers' requirements. Recent falls in oil prices across all fuel categories have also helped support margins.



Commenting on the update, Richard Whiting, Chief Executive said: "NWF has delivered a very strong performance during the key trading period in the year. The continued focus on providing a high level of service across the Group has been rewarded by customers choosing NWF to supply their requirements. Whilst the outperformance of the Group is as a result of specific market conditions, it is pleasing to deliver this significant improvement in profitability".



NWF intends to announce its preliminary results for the year ended 31 May 2013 on Tuesday 6 August 2013.



A meeting will be held for analysts at 10.30 am on the day of the results' announcement at Tavistock Communications, 131 Finsbury Pavement, London EC2 1NT.

In IC this week. Cultivate big returns from these farmers friends.

NWF(NWF) now feeds one in seven dairy cows in Britain, investing in animal nutrition research projects to improve farmers profitability.



NWF Agriculture has grown to be a leading national supplier of ruminant animal feed, feeding one in seven dairy cows in Britain. The business supplies over 4,000 farmers from Argyll in Scotland to Cornwall.
National player - no.2 in the market
Sell 486,000 tonnes per annum
163 employees
28 trucks, 13 trailers
Compound mills in Cheshire and Devon; blend plants in Ayr, Cumbria, Devon and Cheshire



Boughey Distribution provides specialist warehousing and consolidated distribution of ambient grocery products to UK supermarkets.
115,000 pallet spaces
900,000 ft2 of warehousing
494 employees
114 trucks, 240 trailers
99.6% service levels



Fuels



NWF Fuels is a leading distributor of fuel oil and fuel cards delivering across the UK to 38,000 customers. It is one of the largest authorised distributors of Texaco and is a major customer of other fuel suppliers including Shell, Conoco and Total.
Third largest distributor in the UK
191 employees
17 fuel depots across the UK
82 tankers
Fast growing fuel card marketing business


Market cap £56.3m price change -12 months (%) 24 Forward PE 10.9

RNS Number : 0019L

NWF Group PLC

06 August 2013






NWF Group plc

Final for release 6 August 2013


NWF Group plc ('NWF' or 'the Group')

NWF Group plc: Preliminary results for the year ended 31 May 2013

NWF Group plc, the specialist agricultural and distribution business, today makes the preliminary announcement of its audited results for the year ended 31 May 2013.



Commenting on the results, Mark Hudson, Chairman, said: "I am pleased to report a record year for the Group. NWF has established a solid platform for future development with sustainable low levels of net debt and good market positions."

Richard Whiting, Chief Executive, added: "The record year has been delivered by focusing on customers' needs across the three divisions, reducing costs across the Group and with Feeds and Fuels delivering excellent results in positive market conditions."



Financial highlights:


· Revenue £545.8 million (2012: £540.2 million)


· Operating profit up 54.0% to £9.7 million (2012: £6.3 million)


· Profit before taxation up 64.7% to £8.4 million (2012: £5.1 million)


· Basic earnings per share up 61.7% to 13.1p (2012: 8.1p)


· Full year dividend increased 6.7% to 4.8p per share (2012: 4.5p)


· Net debt down 40.6% to £9.2 million (31 May 2012: £15.5 million)


· Debt to EBITDA at 0.7 times (31 May 2012: 1.6 times)


· £55.0 million banking facilities in place to October 2015




Divisional highlights:

· Feeds - operating profit of £3.9 million (2012: £2.7 million). A very strong result as a consequence of focusing on adding value by providing nutritional advice direct to farmers and managing significant increases and volatility in commodity prices.

· Food - operating profit of £1.4 million (2012: £3.0 million). The performance was impacted by tough market conditions with spare storage capacity throughout the year. Focus was placed on high customer service and operational efficiencies coupled with restructuring to support lower levels of activity.

· Fuels - operating profit of £4.4 million (2012: £0.6 million). A very significant turnaround supported by a rationalised business and tanker fleet. Performance was optimised by the continued focus on customer service during the extended cold winter, with the significantly increased demand for heating oil.



Commenting on the outlook for 2014, Mark Hudson added: "Progress to date in the new financial year has been in line with the Board's expectations with all divisions performing as planned. We continue to focus on development opportunities, both organic and through targeted acquisitions."

6 Aug Shore Capital N/A Hold

NWF Group on target

17 December 2013 | 07:30am

StockMarketWire.com - Agricultural and distribution business NWF Group said profit before tax for the half year to end-November is expected to be ahead of the prior year period.

The Feeds division has traded well in the first half with a continued focus on meeting the needs of farmers who have experienced better silage production than in the prior year and benefited from improved milk prices. As recently announced, the Group has completed the acquisition of SC Feeds Ltd, an 80,000 tonne ruminant feed producer, in line with our strategy of increasing investment in agriculture.

Food has performed as planned with the completion of the move of customers from the Deeside facility into Wardle, which has remained full during the first half of the year. In addition long-term contracts have been signed with major customers, underpinning the business' future volumes.

The Fuels division has performed well in the first half with a focus on commercial business during a period of lower demand for heating oil. Oil prices have been helped by the strength of sterling, which has offset any increases in the dollar based Brent Crude.

NWF plans to announce interim results for the six months ended 30th November 2013 on Tuesday 4th February 2014.

- See more at: http://www.stockmarketwire.com/article/4726137/NWF-Group-on-target.html#sthash.z5F8mjZ7.dpuf

LISTEN: Richard Whiting, Chief Executive of NWF Group, discusses the interim results to 30 November 2013

Click here to listen

Trading update and notice of preliminary results

RNS


RNS Number : 3264K

NWF Group PLC

24 June 2014






NWF Group plc

For release 7.00 am 24 June 2014


NWF Group plc ('NWF' or 'the Group')

Trading update and notice of preliminary results for the year ended 31 May 2014



NWF Group plc, the specialist agricultural and distribution business, announces that trading for the year ended 31 May 2014 has been positive and it is expected that the results will be at the upper end of market expectations.



The Feeds division has continued to trade strongly with a focus on direct supplies to farmers across the country and development of the S.C. Feeds business since its acquisition in November 2013. This division has continued to increase market share, particularly in the dairy sector, despite market demand being more subdued than the unusually high demand for ruminant feed in Spring 2013.



In Food, as planned, the business has focused all activity at the main Wardle site and successfully exited the Deeside facility. At the same time, as previously announced, long-term contracts have been agreed with major customers underpinning future performance.



The Fuels division has performed well during the reported period, despite experiencing significantly reduced demand for heating oil through both a mild winter and very mild spring.



Additionally, we are pleased to announce that we have agreed new long term funding with Royal Bank of Scotland for five years through to October 2019. Our facilities have been increased to £65 million to support the development strategy of the Group and have been agreed on improved terms.



Commenting on the update, Richard Whiting, Chief Executive said: "NWF has delivered another solid performance and we are developing successfully as a result of targeted initiatives in all three of our divisions. The acquisition of S.C. Feeds has gone to plan and demonstrates the strategic intent of the Group to continue investing in Agriculture. The new financing agreement with RBS will support our future growth plans."



NWF will announce its preliminary results for the year ended 31 May 2014 on Tuesday 5 August 2014.



A meeting will be held for analysts at 10.30 a.m. on the day of the results announcement at Tavistock Communications, 131 Finsbury Pavement, London EC2 1NT.

Listen: N.W.F. Group - Final results

click here

Ex -dividend Thurs 30 Oct 4.1p

Final dividend paid 5 December 2014
Preliminary announcement of half-year results Early February 2015
Publication of Interim Report Early February 2015
Interim dividend paid 1 May 2015
Financial year end 31 May 2015
Preliminary announcement of full-year results Early August 2015
Publication of Annual Report and Accounts Late August 2015

Trading Update and Interim Results Date

RNS


RNS Number : 9525Z

NWF Group PLC

17 December 2014






NWF Group plc

For release 17 December 2014


NWF Group plc ('NWF' or 'the Group')

NWF Group plc: Trading update and Interim results date

NWF Group plc, the specialist agricultural and distribution business, announces that profit before tax for the half-year to 30 November 2014 is anticipated to be lower than the record results of the comparative period in the prior year. Net debt will be lower than prior year.

The first half-year has been challenging for the Group as a result of the significant falls in commodity prices which have impacted margins in the feeds business. Whilst the fall in the oil price has impacted revenue, profitability in the fuels business has not been adversely affected.



Looking at each division in more detail: Feeds volumes remain robust however, as previously indicated, margins were impacted in the period by both the significant price reductions seen in the commodity markets and the announcement of reductions in milk prices across the UK.



In the Food division, the business has delivered a good result from the single Wardle site managing the demand peaks for Halloween and Christmas effectively. Service levels have been maintained at 99.7%.



Finally, the Fuels business has performed as planned in spite of warmer than normal weather conditions which reduced demand for heating oil. The significant falls in oil prices have been broadly beneficial and additional sales of premium products have helped mitigate the impact of the mild weather. A new Fuel depot in Mansfield in Nottinghamshire has also been opened in the period.

NWF plans to announce interim results for the six months ended 30 November 2014 on Tuesday 3 February 2015.

A meeting for analysts will be held at 10.30 a.m. on the day of the results at Tavistock Communications, 131 Finsbury Pavement, London EC2A 1NT.

Finals Tues 4 Aug

.

Final Results

Divisional highlights:



· Feeds - underlying operating profit of £1.8 million (2014: £3.3 million). A challenging year in the ruminant feed market with reduced milk prices and falling commodity prices resulting in margin pressure. Volumes in the business were robust and profitability recovered significantly in the second half.



· Food - underlying operating profit of £2.5 million (2014: £2.0 million). A strong result highlighting the continued efficiency achieved through the division operating at full capacity throughout the year from a single operating site with the accompanying benefits of scale. Further long-term contracts were signed with customers during the year which help to underpin the future utilisation of the site.



· Fuels - underlying operating profit of £4.3 million (2014: £3.2 million). A very strong performance across the division with the sale of premium products, the falling oil price and strong operational management more than offsetting warmer than normal weather in the first half of the year.



Richard Whiting, Chief Executive, NWF Group plc, commented:

"NWF delivered a solid performance last year. The results demonstrate the resilience and benefits of the diverse NWF business model and the benefits of targeted initiatives delivered in all three of our divisions. The acquisition of New Breed in June 2015 demonstrates our strategic intent to continue the successful development of the Group. Progress to date in the current financial year has been in line with the Board's expectations."

4 Aug Panmure Gordon 175.00 Buy