NWF Group lifts full-year expectations even further

Specialist fuel, food and feed distributor NWF Group updated the market on its current trading on Thursday, lifting its expectations for the year even further.

The AIM-traded firm said that after increasing its expectations for the 12 months ending 31 May on 8 March, it had continued to outperform.

As a result, the board said it now anticipated full-year results would be “significantly ahead” of its 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.”

At 1502 BST, shares in NWF Group were up 7.62% at 240p.