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.
Following the positive trading update announced on 8 March 2022, which noted the Board's increased expectations for the full year, the Group has continued to outperform and as a result the Board now anticipates full year results will be significantly ahead of the revised expectations. This has been led by the Fuels business as a result of exceptional circumstances, with the very significant short-term volatility in oil prices and a supply constrained UK fuel market.