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Birmingham Post
Birmingham Post
Business
Sion Barry

Brexit deal helps agricultural supplies group Wynnstay to record revenues and profit

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

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