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Wynnstay Group (AIM: WYN) – usual solid financial performance and a positive outlook

24/06/2015 · Wynnstay Group (WYN) 

Wynnstay, the agricultural and retail Group has this morning released its interim results for the six months to 30th April 2015. The results are encouraging, especially given the difficult market conditions, and in-line with expectations following the positive pre-close trading update released in March.

Wynnstay Group is seemingly involved in everything to do with animals and farming and operates in two divisions. The Agricultural Supplies division sells feed, fertiliser, nutrition products and seeds and the Specialist Retail division is made up of a chain of 42 country stores and 20 pet stores. Trading for the first six months of this financial year has been encouraging. Although revenue fell from £222.49m in H1 2014 to £200.56m, the Group still saw…

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