- NWF Group, which supplies feed stock, logistics services and heating oil to farmers, posted a 45% jump in annual profit after cold winter weather boosted demand for fuel.

Pre-tax profit rose to £9.7m, as revenue climbed 9.9% to £611.0m.

The company declared an annual dividend of 6.3p per share, up 5% on-year.

Higher earnings in the fuel division were offset by lower earnings in the food division, which suffered from the loss of a key contract.

'Trading in the current financial year to date has been in line with our expectations,' chief executive Richard Whiting said.

At 10:15am: [LON:NWF] NWF Group PLC share price was -2.5p at 195p

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