StockMarketWire.com - NWF Group said its H1 trading was in line with the prior year and that directors have maintained their FY expectations. Net debt will be lower than November 2014.

HIGHLIGHTS:

· In the Feeds division, trading was impacted by lower milk prices as expected and demand in the autumn was reduced due to the mild weather conditions.

· In Food, the business utilised overflow capacity to meet increased demand from customers. Service levels were maintained at 99.7% and the Wardle warehouse remains fully utilised.

· The Fuels division performed better than expected through the summer months, however has yet to benefit from colder conditions and the resultant increased demand for heating oil.

· The recent acquisitions of New Breed and Staffordshire Fuels have performed as expected and are being integrated as planned.






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