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Wynnstay Group – trading recovery Buy

By Hotstockrockets | Friday 28 February 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Two weeks ago agricultural supplies and specialist merchanting group Wynnstay (WYN) announced results for its year ended 31st October 2024 including adjusted earnings per share down to 23.8p. However, the dividend per share was increased, net cash was more than £9 million increased to £32.8 million and “operational improvements already made” look set to improve current year performance even before improvement in trading conditions which actually seem quite likely. With though the shares still down from 400p a year ago and above 500p two years ago, at a current 335p offer price the following details why we now suggest a recovery Buy.
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