Upgrades and a big dividend payer
Results and updates from AIM covered here include excellent trading updates from two low profile businesses. Elsewhere, despite a fall in profits, another company is still set to reward its shareholders with some big dividends while a franchise operator also looks an interesting one to follow.
NWF Group: still trading strongly Shares in NWF Group (AIM:NWF) leaped following another positive trading update. The specialist distributor of fuel, food and feed across the UK, reported that trading in all three divisions has continued to be strong. Consequently, full year results are now anticipated to be significantly ahead of market expectations and not less than £17.5m. Expectations were previously for pre-tax profit of £12.3m. The shares rose 7% on the news to 276p lifting the market capitalisation to £136m. Alpha Financial Markets: North America helps bring an upgrade Alpha FMC (AIM: AFM), a provider of specialist consultancy services…