Good results for rural store group Wynnstay

Agricultural and country supply group Wynnstay has announced strong performance for the last financial year (ending 31 October 2008).

Total revenues across the group rose by 49% to £234.6m (compared with £157.0m in 2007), while group profit before tax increased by 61% to £5.22m (£3.25m in 2007).

The strong performance was put down to Wynnstay’s strategy of growing its retail and agricultural business, which included the purchase of the remaining 50% of the issued share capital of Welsh Feed Producers Limited in Carmarthen.

In January 2008 Wynnstay also acquired Wilsons Pet Centres, comprising 10 pet product superstores across the West Midlands.


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