- NWF Group has lifted its FY pretax profit to £7.9m, from £6.9m. Dividend was 5.4p a share, from 5.1p. Revenue was £492.3m, from £537.7m.

The fall in revenue reflected lower oil prices and the impact of lower commodity prices in Feeds. Operating profit was £8.6m, an increase of 1.2% (2014: £8.5m).

CEO Richard Whiting commented:

"NWF delivered a solid performance last year. The results demonstrate the resilience and benefits of the diverse NWF business model and the benefits of targeted initiatives delivered in all three of our divisions.

"The acquisition of New Breed in June 2015 demonstrates our strategic intent to continue the successful development of the Group. Progress to date in the current financial year has been in line with the Board's expectations."

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