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IN BRIEF: NWF shares rise as it raises full-year expectations again

ALN

NWF Group PLC - Nantwich, England-based agricultural feed, food and fuel distributor - Anticipates results for the year ending May 31 to be significantly ahead of its revised expectations. Credits the performance to its Fuels business, which benefitted from the short-term volatility in oil prices and a supply-constrained UK fuel market.

NWF already upgraded its expectations for financial 2022 earlier this month. The company did give any hard forecast figures in either releases.

In financial 2021, the company reported a pretax profit of £10.8 million on revenue of £675.6 million.

Current stock price: 234.53 pence, up 5.2% on Thursday

12-month change: up 8.1%

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