Free share tips posted weekly! This week’s free tip is NWF Group. Final results from NWF Group, a specialist distributor of fuel, food and feed across the UK, were impressive. Performance was ahead of market expectations set before the pandemic but the news does not seem to have grabbed the attention of potential investors yet. The figures, covering the year to 31 May 2021, represented the company’s second highest profit performance on record. Throughout the Covid-related disruption since March 2020 all divisions have remained open and operational as they provide essential services. Government support has not been used and no staff furloughed. Looking ahead, very little growth in profit is currently forecast for this year or next and we believe that there is scope for the numbers pencilled in to be too pessimistic, particularly if acquisitions are made.
