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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Wynnstay bitten by its pet retail chain
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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Agricultural products supplier Wynnstay (WYN:AIM) has warned first half profit will be down year-on-year. The culprit is the Just for Pets retail chain, seeing subdued demand and become loss making. The encouraging news is Wynnstay’s core agri activities will show a better performance as trading headwinds for farmers are beginning to abate. The future of the pet retail arm is under review by the company.
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