Shares digital

Agricultural and retail group Wynnstay (WYN:AIM) has confirmed that trading in Q1 was well up on the previous year. The company has a twin-track strategy, acting as a consolidator in animal feed and developing its retail operations, mainly in the pets sector. Fertilizer sales are ‘much higher’ than last year, while it says it has also enjoyed ‘strong demand’ for feed. Trading at its ‘Just for Pets’ superstores is ‘well ahead’ of last year and profit upgrades are likely.

Shares says: Prospects are encouraging and the shares should continue to outperform. JM