AI assistant
NWF GROUP PLC Earnings Release 2022
7452_er_2022-05-10_d998b015-b2c4-4ffc-aa6c-b3fa2c589919.html
Earnings Release
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 8499K
NWF Group PLC
10 May 2022
For release 7.00am 10 May 2022
NWF Group plc
NWF Group plc: Trading update
NWF Group plc ('NWF' or 'the Group'), the specialist distributor of fuel, food and feed across the UK, today announces a further trading update for the current year ending 31 May 2022.
Further to the trading update of 31 March 2022, the Group continued to experience exceptional trading conditions in the Fuels business, with very significant short-term volatility in oil prices and a supply constrained UK fuel market. As a result, performance during the final quarter of the year, to date, has been materially stronger than anticipated with the full year result now likely to be significantly ahead of the Board's previously upgraded expectations.
Certain information contained in this announcement would have constituted inside information (as defined by Article 7 of Regulation (EU) No 596/2014), as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018) ("MAR") prior to its release as part of this announcement and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Information for investors, including analyst consensus forecasts, can be found on the Group's website at www.nwf.co.uk
| Richard Whiting, Chief Executive Chris Belsham, Group Finance Director NWF Group plc Tel: 01829 260 260 |
Reg Hoare / James Bavister MHP Communications Tel: 020 3128 8170 |
Mike Bell / Ed Allsopp Peel Hunt LLP (Nominated advisor) Tel: 020 7418 8900 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
TSTALMFTMTAMBBT