NWF Group PLC issued a trading update for the year ending 31 May 2026, highlighting improved performance in its Fuels division due to normalized heating oil demand and volatile oil prices driven by the Middle East conflict. Despite reduced domestic demand, commercial demand remained stable, and the Group expects full-year adjusted profit before tax to exceed market consensus. The Food and Feeds divisions performed as expected, though market sentiment in Feeds softened due to lower milk prices. The Group faces uncertainty in fuel costs and supply due to geopolitical tensions, particularly for aviation and heating oil. The Competition and Markets Authority (CMA) is investigating the UK heating oil market, with NWF responding as a key player. The Board remains confident in long-term growth, focusing on acquisitions, investment, and efficiency, supported by a strong balance sheet. Full-year results are expected in late July 2026.
Since the provided text does not contain specific financial or debt data for comparison, I cannot generate an HTML table with year-on-year comparisons. However, I can provide a placeholder HTML table structure that you can fill in with actual data if available:
| Metric | 2025 | 2026 | Change |
|---|
| Revenue | N/A | N/A | N/A |
| Profit Before Tax | N/A | Significantly ahead of ยฃ10.3 million | N/A |
| Debt | N/A | N/A | N/A |
Note: The table above is a placeholder and does not contain actual financial data. If you provide the necessary financial figures, I can update the table accordingly.