Wynnstay Group recently released half year results for the six month period ending 20th April 2025. These highlight the early benefits of Project Genesis, a three-year programme to establish a more efficient operating model to drive higher margins, profits and cash generation and to support the wider growth plan. Although revenues dipped, profitability grew and with a strong balance sheet, management increased the interim dividend to 5.7p per share.

Commenting on the results, CEO Alk Brand said:

“The Group has delivered a strong recovery in the first half, with the improved profitability reflecting the benefits of our operational initiatives. The new management team is now in place and is delivering improvements, supported by a clear plan and strong leadership focus. Project Genesis is progressing well and, together with ongoing investments, supports our ambitions to create a stronger, fitter business, which provides our customers with the highest service levels and our shareholders with improved returns. Current trading is encouraging, and the Group remains well-positioned to achieve market expectations for the full year.”

In the video below, Alk Brand outlines Project Genesis, its early impacts and provides a positive outooks for the group. CFO Rob Thomas outlines the key financial highlights from the period