NWF GROUP PLC (NWF) — Full Year Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the NWF GROUP PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll, and then I'll like to hand you over to Chris Chris Belsham, CEO. Good morning, sir. Hello, and welcome to the NWF GROUP results presentation for the year ended 05/31/2025. I'm Chris Belsham, the CEO, and I'm joined by Katie Shortland, the CFO. As a management team, this has been our first full financial year in charge of the group. It's been a very busy year and a very productive year, and we're really pleased with the progress that we've made. And I'll start with the highlights of the year. So we've made significant strategic progress whilst delivering a solid performance in an uncertain economic environment. That strategic progress has included the acquisitions of Northern Energy and Pinux, which is in line with our strategy to consolidate The UK fuel distribution sector, and the development of a regional operating model in our fuels business to improve both commercial effectiveness and operational efficiency. We tested that model successfully in our Northwest region in in f FY '25, and we're now rolling that out nationally. From a trading perspective, we managed mixed market conditions for our fuels business whilst controlling the cost base. In our food business, we had a slowe...