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NWF Group – acquisition and trading “ahead of the board's expectations” But...

Fuel, food and feed distribution group NWF (NWF) has announced “ahead of the board's expectations” trading and an acquisition it states further expands and infills the geographic coverage of its Fuels business within the UK and is expected to be immediately earnings-enhancing.

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#NWF – H1 “ahead of the board's expectations”, £10m acquisition of fuel distributor Sweetfuels

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NWF Group - the force is with it!

A distributor of fuel, food and feed across the UK, NWF Group (NWF) issued a trading statement recently including “the full year result now likely to be significantly ahead of the board's previously upgraded expectations”. Such trading momentum looks far from reflected in a current 224p offer price for the shares...

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#NWF – performance “materially stronger” due to “exceptional trading conditions in the Fuels business”

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#NWF – “continued to outperform”, led by Fuels business “exceptional circumstances”

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#NWF – FY headline PBT “ahead of expectations set before the pandemic”

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#NWF Group – satisfied cyber incident “has been contained”, additional security measures applied, shares to recommence trading

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#NWF – Q1 “marginally ahead of the first quarter of the prior year and the board's expectations”

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#NWF – Q1 in line with prior year, outlook remains in line with board’s expectations

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#NWF Group – H1 trading “ahead of the prior year”, “remains confident of delivering its full year expectations”