NWF Shares Jump

Shares in NWF, the Cheshire-based warehousing, feed and fuel group jumped yesterday following the news that it expects its full-year results to be “significantly ahead” of market expectations after a good all-round performance during the winter.

NWF chief executive Richard Whiting said: “NWF has continued to perform at record levels throughout the key winter months and, in particular, the team in the fuels division has delivered an exceptionally strong result.

“The strength of our three trading divisions continues to deliver a good platform to support the future development of the group.”

Shares leapt 14% yesterday to close up 11.5p, at 95p, and are currently up a further 8.5% this morning at 102p.