Big dividend appeal | More upgrades
Positive trading updates brought upgrades for two companies covered here while another offers a well-covered 6%+ dividend yield. Read on here for more on this and other news.
NWF: ahead again and looking for acquisitions NWF Group (AIM:NWF), the specialist distributor of fuel, food and feed, issued a positive full year trading update lifting the shares. Following a strong second half performance, “headline” (another term for adjusted) profit before tax for the year ending 31 May 2023 is now anticipated to be ahead of the previous market expectations of £17.5m and in excess of £19.0m. Management continues to assess earnings accretive acquisition opportunities in line with NWF's strategy of consolidating a fragmented UK Fuels market. The share price rose 5% to 272 pence, that's broadly similar to where it…