The lifting of Brexit uncertainties and strong farmgate prices have helped Powys-based agricultural supplies group Wynnstay to post record revenues and profits.
Recording financial result for 2021, the Alternative Investment Market group said that as well as a Brexit deal last year’s good harvest also benefitted its arable and fertiliser blending activities.
With a big rise in commodity price inflation, revenues for the year were up 16% to £500.39m, with underlying profits up 37% to £11.44m. The figures were significantly ahead of initial market expectations