UK's NWF FY26 revenue rises 1.9%, sees FY27 performance broadly in line
UK's NWF FY26 revenue rises 1.9%, sees FY27 performance broadly in line
Overview
UK specialist distributor's revenue rose 1.9% for year ended 31 May 2026
Headline operating profit up 3.1%, while headline EPS fell 3.2%
Company proposes 3.6% dividend increase, marking 15th consecutive year of rises
Outlook
NWF expects current-year performance to be broadly in line with FY26
Company sees short-term market uncertainty in Fuels due to Middle East conflict
NWF continues to focus on growth via acquisitions, organic investment and business improvement
Result Drivers
FUELS VOLATILITY - Suppressed demand for heating oil in first half and oil price volatility in final quarter affected Fuels performance
FOOD DEMAND & EFFICIENCY - Increased customer demand, higher storage utilisation, and operational improvements boosted Food division profit
FEEDS STABILITY - Stable profit in Feeds as strong first-half demand was offset by lower milk prices and softer market in second half
Company press release: ID:nRSb0567Oa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Revenue |
| GBP 920.30 mln |
|
FY EPS |
| GBP 0.18 |
|
FY EBIT |
| GBP 16.80 mln |
|
FY Net Debt |
| GBP 60.50 mln |
|
FY Pretax Profit |
| GBP 12.5 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil & gas refining and marketing peer group is "buy"
Wall Street's median 12-month price target for NWF Group PLC is GBp241.50, about 71.3% above its July 27 closing price of GBp141.00
The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago
Reuters Recommended Reads
July 27 - Ireland's DCC Energy to go private in $7.7 billion deal with KKR, Energy Capital
July 27 - Italy's Saipem cuts 2026 earnings guidance on Middle East crisis
July 27 - Alliance Resource Partners Q2 revenue beats on higher oil & gas royalties
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)