12 June 2025 - trading update and acquisition
The fuels and food distributor has announced a trading update covering the year to 31 May 2025 with the results for the year slightly ahead of expectations. We therefore now expect pre-tax profits for the year of £12.0m for earnings per share of 18.0p. The group has also announced the acquisition of Pinnock Brothers, thus adding to its fuels business, with the company being a 13 million litre distributor based near Newbury in Berkshire serving domestic customers. Net cash at the year end is expected to be around £6m, a . . .
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