Business
Half-year Report
Half-year Report.
About this update from Nwf Group Plc
[{"type":"text","content":"\n \nRNS Number : 5188V NWF Group PLC 31 January 2017 \n\n \n\nNWF Group plc \n\nNWF Group plc: Half Year results for the period ended 30 November 2016\nNWF Group plc (\"NWF\" or \"the Group\"), the specialist agricultural and distribution business delivering feed, food and fuel across the UK, today announces its half year results for the period ended 30 November 2016.\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nFinancial highlights\n\n\n2016\n\n\n2015\n\n\n%\n\n\n \n\n\n\n\n \nRevenue\n\n\n \n£255.9m\n\n\n \n£224.6m\n\n\n+13.9%\n\n\n \n\n\n\n\n \nHeadline operating profit*\n\n\n \n£2.2m\n\n\n \n£2.8m\n\n\n(21.4%)\n\n\n \n\n\n\n\n \nHeadline profit before taxation*\n\n\n \n£2.0m\n\n\n \n£2.6m\n\n\n(23.1%)\n\n\n \n\n\n\n\n \nFully diluted headline EPS*\n\n\n \n3.3p\n\n\n \n4.3p\n\n\n(23.3%)\n\n\n \n\n\n\n\n \nFully diluted EPS\n\n\n \n2.1p\n\n\n \n2.9p\n\n\n(27.6%)\n\n\n \n\n\n\n\n \nInterim dividend per share\n\n\n \n1.0p\n\n\n \n1.0p\n\n\n \n-\n\n\n \n\n\n\n\nNet debt\n\n\n£19.1m\n\n\n£10.4m\n\n\n+83.7%\n \n\n\n \n\n\n\n\nNet debt to EBITDA\n\n\n1.6x\n\n\n0.8x\n\n\n \n\n\n \n\n\n\n \n \n \n \n \n \n \n\n\n\n* Headline operating profit excludes exceptional items. Headline profit before taxation excludes exceptional items and the net finance cost in respect of the Group's defined benefit pension scheme and the taxation effect thereon where relevant. Statutory profit before taxation was £1.3 million (2015: £1.8 million).\nOperational highlights:\n· Revenue growth in all three divisions - reflecting acquisition c...