NWF Group (NWF) Full Year results July 2019

This video can be seen at: https://www.piworld.co.uk/2019/07/30/nwf-group-nwf-full-year-results-july-2019/   NWF CEO Richard Whiting and Group FD Chris Belsham, present the Group’s full year results to 31st May 2019. Richard Whiting, CEO Introduction – 00:18 Results summary – 00:28 Fuels highlights – 01:22 Food highlights – 02:19 Feeds highlights – 02:50 Chris Belsham, Group FD Financial highlights – 03:43 Income statement – 03:48 Balance Sheet – 05:16 Pension – 05:40 Net debt – 06:09 Richard Whiting, CEO Development strategy – 06:55 Fuels strategy – 07:41 Summary & outlook – 09:51 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. The Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products. The Food segment is engaged in warehousing and distribution of clients’ ambient grocery and other products to supermarket and other retail distribution centers. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The Company’s subsidiary, Boughey Distribution Limited, is engaged in warehousing and food distribution. Its subsidiaries, NWF Agriculture Limited, S.C. Feeds Limited, New Breed (UK) Limited and Jim Peet (Agriculture) Limited, are engaged in animal feedstuffs and seeds supply. Its subsidiaries, NWF Fuels Limited and Staffordshire Fuels Limited, are engaged in fuel distribution.