Business
Half-year results
Half-year results.
About this update from Nwf Group Plc
[{"type":"text","content":"\n \nRNS Number : 0724B NWF Group PLC 28 January 2020 \n\nNWF Group plc \n28 January 2020\n\nNWF Group plc \n\nNWF Group plc: Half Year results for the period ended 30 November 2019\nNWF Group plc ('NWF' or the Group), the specialist distributor of fuel, food and feed across the UK, today announces its half year results for the period ended 30 November 2019.\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nFinancial highlights\n\n\nH1 2019\n\n\nH1 2018\n\n\n%\n\n\n\n\n \nRevenue\n\n\n \n£348.9m\n\n\n \n£330.5m\n\n\n+5.6%\n\n\n\n\n \nHeadline operating profit1 2\n\n\n \n£3.5m\n\n\n \n£2.6m\n\n\n+34.6%\n\n\n\n\n \nHeadline profit before taxation1 2\n\n\n \n£3.0m\n\n\n \n£2.4m\n\n\n \n+25.0%\n \n\n\n\n\nFully diluted headline earnings per share1\n\n\n5.1p\n\n\n3.8p\n\n\n+34.2%\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\nNet debt (excl. IFRS 16 lease liabilities)\n \n\n\n£14.9m\n\n\n£14.8m\n\n\n+0.7%\n \n\n\n\n\nNet debt to EBITDA (excl. IFRS 16 lease liabilities)\n\n\n1.0x\n\n\n1.0x\n\n\n-\n\n\n\n\n \nNet debt (incl. IFRS 16 lease liabilities)\n \nStatutory results\n\n\n \n£33.5m\n\n\n \n \n\n\n \n\n\n\n\n \nOperating profit2\n\n\n \n£3.1m\n\n\n \n£2.3m\n\n\n+34.8%\n\n\n\n\n \nProfit before taxation2\n\n\n \n£2.4m\n\n\n \n£1.9m\n\n\n+26.3%\n\n\n\n\n \nFully diluted earnings per share\n\n\n \n4.0p\n\n\n \n2.8p\n\n\n+42.9%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n1 Headline operating profit excludes exceptional items (see note 4) and amortisation of acquired intangibles. Headline profit before taxation excludes e...