London · Delayed Price · Currency is GBP · Price in GBX Wynnstay Group Earnings Call Transcripts
Fiscal Year 2025
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Delivered 20% profit growth and improved margins in the first year of Project Genesis, despite lower revenue from harvest impacts. Strong cash position, increased dividend, and clear growth targets set, with ongoing investments in capacity and operational efficiency.
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Strong H1 recovery with improved profitability and margins across all segments, driven by Project Genesis and strategic investments. Revenue fell due to lower commodity prices, but gross profit and adjusted PBT rose sharply. Confident in meeting full-year targets and maintaining a progressive dividend.
Fiscal Year 2024
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2024 results were impacted by adverse weather and falling commodity prices, leading to lower revenue and profit but record net cash. Project Genesis, a three-year transformation, aims to drive efficiency and growth, with improved performance expected in FY25.
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First-half results were impacted by adverse weather and commodity price deflation, deferring arable sales and reducing revenue, but margins were largely maintained and cash generation was strong. Investment in efficiency and sustainability continues, with a positive outlook for the second half and ongoing commitment to growth and dividends.