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NWF chief confident of meeting profit targets in 2016

NWF Group (LON:NWF) is a 140 year old company focused on food, feed and fuel and chief executive Richard Whiting spoke to Proactive about its latest results.

The firm’s latest results showed pre-tax profit rose 4% to £2.6mln on slightly lower revenue,  the second highest figure the group has delivered in its history, with all three businesses performing well.

“Each of the markets are significant and relatively stable and we have had five record years in the last six years through the tough recession,” Whiting said.

For the full-year, he said the firm was “comfortable” with analyst predictions of pre-tax profit around £8mln.

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