NWF Group (NWF) Full-Year 2022 results presentation August 2022
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NWF's Chief Executive, Richard Whiting and Group Finance Director, Chris Belsham present full year results for the year ended 31 May 2022. "A record set of results, significantly ahead of market expectations at the start of the financial year, demonstrating the capability of the business to optimise performance and the resilient nature of our markets." Richard Whiting, Chief ExecutiveIntroduction - 00:16Highlights Video - 01:05Key Highlights - 03:20Results Summary - 04:44Operating Highlights - 06:25 Chris Belsham, Group Finance DirectorFinancial Review - 12:08Income statement summary - 12:17Balance Sheet Summary - 14:23Pension Summary - 15:21Cash Flow Summary - 16:05Net Debt Summary - 16:25 Richard Whiting, Chief ExecutiveDevelopment Strategy - 17:20UK Fuel Market - 19:00 Chris Belsham, Group Finance DirectorAcquisition process - 21:30 Richard Whiting, Chief ExecutiveESG Framework - 23:30Summary and Outlook - 25:10 NWF Group plc is a United Kingdom-based company that is engaged in the sale and distribution of fuel oils, the warehousing and distribution of ambient groceries, and the manufacture and sale of animal feeds. The Company operates through three segments: Fuels, Food and Feeds. Its Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. Its Food segment is engaged in the warehousing and distribution of client's ambient grocery and other products to supermarkets and other retail distribution centers. Its Feeds segment is engaged in the manufacture and sale of animal feeds and other agricultural products. The Company operates through its subsidiaries, which include NWF Agriculture Holdings Limited, NWF Distribution Holdings Limited, NWF Fuels Holdings Limited, NWF Agriculture Limited, New Breed (UK) Limited and Boughey Distribution Limited