NWF Group

NWF · AIM · Industrial Goods and Services · mcap £78m · 158.0p

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Financials · LTM to 31 May 26

Source: results 28 Jul 26 ↗

Revenue: £920m
Operating profit: £16.8m
Net income: £9.2m
Free cash flow: £8.0m
Net cash: £9.0m
Market cap: £78.4m
EV / EBIT: 4.1×
FCF yield: +10.2%
Price / book: 0.8×

Latest half-year · H1 Nov 25 vs H1 Nov 24 results 03 Feb 26 ↗

Revenue: £435m
Operating profit: £3.0m
Net income: £700k
Cash from operations: £9.1m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: FY May 26 (twelve months to 31 May 26), published 28 Jul 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	FY May 26	FY May 25
Revenue	920.3	903.1
Gross profit	54.8	50.3
Adjusted EBITDA	22.8	22.2
Adjusted operating profit	16.8	16.3
Operating profit	16.8	12.6
Depreciation (owned assets)	5.9	5.8
Depreciation (right-of-use)	14.6	12.5
Amortisation	1.5	0.9
Share-based payments	0.2	(0.3)
Finance costs	(4.5)	(3.4)
Profit before tax	12.4	9.3
Tax	(3.2)	(3.1)
Net income (owners)	9.2	6.2
EPS basic	18.6p	12.4p
EPS diluted	18.3p	12.3p
Dividend per share	8.7p	8.4p

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Revenue	485.7	434.6	448.8	454.3
Adjusted operating profit	13.8	3.0	11.3	5.0
Operating profit	13.8	3.0	9.0	3.6
Depreciation (owned assets)	2.8	3.1	3.0	2.8
Depreciation (right-of-use)	7.4	7.2	6.3	6.2
Finance costs	(2.3)	(2.2)	(1.9)	(1.5)
Profit before tax	11.5	0.9	7.2	2.1
Tax	(3.0)	(0.2)	(2.6)	(0.5)
Net income (owners)	8.5	0.7	4.6	1.6
EPS basic	17.2p	1.4p	9.2p	3.2p
EPS diluted	16.9p	1.4p	9.1p	3.2p
Dividend per share	7.7p	1.0p	7.4p	1.0p

	FY May 26	FY May 25
Cash from operations	29.4	25.1
Interest paid	(0.9)	(0.5)
Tax paid	(2.9)	(0.7)
Capex (PP&E)	(3.9)	(5.2)
Lease principal paid	(14.1)	(10.6)
Lease interest paid	(3.4)	(1.5)
Dividends paid	(4.2)	(4.0)

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Cash from operations	20.3	9.1	15.5	9.6
Interest paid	(0.5)	(0.4)	(0.3)	(0.2)
Tax paid	(1.5)	(1.4)	(0.3)	(0.4)
Capex (PP&E)	(1.6)	(2.3)	(1.8)	(3.4)
Lease principal paid	(7.1)	(7.0)	(5.4)	(5.2)
Lease interest paid	(1.7)	(1.7)	(0.9)	(0.6)

	FY May 26	FY May 25
Other intangibles	47.1	45.0
Property, plant & equipment	47.9	49.1
Inventories	10.4	8.4
Trade receivables	100.6	86.5
Cash	9.0	10.9
Total assets	285.9	260.2
Trade payables	105.7	91.3
Borrowings, current	0.0	4.6
Lease liabilities, current	12.8	12.3
Lease liabilities, non-current	56.7	47.9
Pension surplus / (deficit)	2.7	(2.3)
Total liabilities	191.5	173.0
Total equity	94.4	87.2
Net cash / (debt) ex leases	9.0	6.3
Net cash / (debt) incl. leases	(60.5)	(53.9)

	H2 May 26	H1 Nov 25	H2 May 25	H1 Nov 24
Other intangibles	47.1	–	45.0	–
Property, plant & equipment	47.9	49.2	49.1	49.3
Inventories	10.4	8.6	8.4	8.7
Trade receivables	100.6	97.9	86.5	97.1
Cash	9.0	5.5	10.9	11.4
Total assets	285.9	271.5	260.2	251.1
Trade payables	105.7	99.8	91.3	99.5
Borrowings, current	0.0	4.7	4.6	–
Lease liabilities, current	12.8	12.2	12.3	9.6
Lease liabilities, non-current	56.7	49.7	47.9	40.9
Pension surplus / (deficit)	2.7	–	(2.3)	–
Total liabilities	191.5	182.6	173.0	164.7
Total equity	94.4	88.9	87.2	86.4
Net cash / (debt) ex leases	9.0	0.8	6.3	11.4
Net cash / (debt) incl. leases	(60.5)	(61.1)	(53.9)	(39.1)

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.