StockMarketWire.com - Fuel, food and feed distributor NWF Group said it expected to report an improvement in its first-half results as warmer weather increased demand for feed in the agriculture sector, offsetting weaker demand for heating oil.

'The group expects that overall trading for the half year will be ahead of prior year and the board remains confident of delivering its full year expectations,' NWF said.

In the fuels business, there was some impact over the warm summer months,with reduced demand for heating oil and strong competition for diesel and gas oil.

In food, the company's Wardle site remained full throughout the period as a consequence of new business won in the prior 12 months.

In feeds, demand was strong over the summer months as grazing was limited due to the very dry spell, which led to higher feed rates across the country.




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