21 June 2022 - trading update

The specialist distributor of fuel, food and feed has issued a trading statement covering the year ending 31 May 2022 confirming that the results for the year will be at record levels.  The company has upgraded expectations throughout the financial year despite the volatile trading conditions.  In addition, cash conversion has been strong with the group ending the year with net cash as opposed to having debt a year earlier - cash at the year end is expected to be in the order of £8m.  The exceptional performance in the year is largely due to the . . .

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