NWF final results 2016

Richard Whiting, CEO

Updates on FY results, with PTP up 2.5% and EPS up 3%, all achieved with lower revenues, reflecting lower commodity costs, which doesn’t affect profits. The dividend is increased by 5%.
CAPEX investment and 3 acquisitions has cost £10m, although debt is still only 9.9m (less that 1xEBITDA), due to NWF’s strong cash generation.

Achievement across each division:
1. Feeds increased volumes and market share
2. Foods at capacity, added repacked work
3. Record fuel volumes

Market conditions have been difficult – dairy farmers have faced low milk prices; food distribution is competitive; the warm autumn and winter meant less demand for heating oil – however, in spite of this growth has been achieved.

Whiting runs through each division, outlining the challenges and opportunities; and where the acquisitions fit in.
Brexit: hasn’t had much impact to date; and NWF don’t anticipate any implications.

Ultimately, NWF has strong management, who spot growth opportunities, with the asset backing to take advantage of them. Highly focussed on good cash generation and optimising share holder returns.

NWF are trading in line with expectations for the first two months of new financial year; and the increase in dividend highlights the confidence in the future for the group.


Presentation slides can be viewed here (a new window will open).


Videos from NWF Group

NWF Group (NWF) H1 results January 2018

NWF Group (NWF) H1 results January 2018

NWF Group Chief Executive Richard Whiting presents the groups’ half year results to 30th of November 2017. Introduction – 00:17 Group results – 00:27 Feeds results – 01:11 Foods results – 2:24 Fuels results – 3:27 Development strategy, feeds – 4:28 Development strategy, food – 5:38 Development strategy, fuels – 6:24 Summary & outlook – […]
NWF Group (NWF) – Investor presentation October 2017

NWF Group (NWF) – Investor presentation October 2017

NWF Group Chief Executive Richard Whiting presents at the piworld/MHP/Progressive Equity Research investor event 25th October 2017. NWF Group plc is engaged in the manufacture and sale of animal feeds, the sale and distribution of fuel oils, and the warehousing and distribution of ambient groceries. The Company operates through three segments: Feeds, Food and Fuels. […]
NWF (NWF) Full year results YE 31 May 2017

NWF (NWF) Full year results YE 31 May 2017

NWF Group CEO Richard Whiting presents the group’s full year’s results year ending 31st May 2017. Introduction – 00:18 Group results summary – 00:43 Feeds results – 1:46 Food results – 2:36 Fuels results – 3:05 Group development strategy – 3:42 Feeds development strategy – 4:38 Food development strategy – 5:07 Fuels development strategy – […]
NWF Group (NWF). H1 results November 2016

NWF Group (NWF). H1 results November 2016

NWF Group Chief Executive Richard Whiting, presents NWF’s H1 results to 30 November 2016. Chapters Introduction – 00:18 Group financial overview – 00:32 Feeds operational highlights – 1:24 Foods operational highlights – 3:37 Fuels operational highlights – 5:36 Strategy and future development – 6:52 NWF business model – 9:04 Summary and outlook – 10:11   […]


You might be interested in


Your email address will not be published. Required fields are marked *