A Leading Integrated Partner to UK Agriculture
Wynnstay is a leading supplier of agricultural inputs and services, supporting food production across the UK. With over a century of heritage and a scalable national platform, the Group combines manufacturing, distribution and on-farm expertise to support farmers in producing food more efficiently and sustainably. Following a period of operational transformation, Wynnstay is now entering a new phase of growth, underpinned by a stronger, more efficient operating model and clear strategic direction.
Strong Financial Momentum and Improving Returns
For the year ended 31 October 2025
2025 – £304.9m
2025 – £42.0m
2025 – £5.4m
Driving Long-Term Shareholder Value
Wynnstay delivered a step-change in profitability in FY2025, reflecting improved margins, cost discipline and early benefits of transformation.
- Adjusted profit before tax increased 21.1% to £9.2m
- Adjusted earnings per share increased 21.0% to 28.8p
- Gross profit increased to £80.5m
- Net cash of £25.7m supports investment and resilience
- Dividend increased for the 22nd consecutive year
This performance demonstrates Wynnstay’s ability to improve returns while maintaining balance sheet strength and capital discipline.
Integrated Platform Driving Sustainable Growth
Wynnstay operates a unique, integrated agricultural platform with multiple routes to market and a balanced product offering.
- Integrated model across Feed & Grain, Arable and Stores
- Direct, wholesale, retail and digital routes to market
- National footprint with strong regional positions
- Broad exposure across livestock, poultry and arable sectors
- Portfolio of over 25,000 products supporting diverse customer needs
This diversified model reduces volatility and provides a strong foundation for profitable growth.
Driving Efficiency and Margin Growth
Project Genesis has simplified the business, strengthened operational discipline and improved profitability across all divisions.
- Leaner, integrated operating model with improved cost efficiency
- Enhanced pricing discipline and margin management
- Strengthened supply chain resilience and manufacturing efficiency
- Additional capacity created to support future volume growth
The Group is now benefiting from a lower cost base and a more scalable platform, with further upside to come.
Strategic Plan for Sustainable Shareholder Value Creation
Wynnstay Strategy Genesis sets out a focused five-year plan to drive growth, improve returns and create long-term shareholder value. The strategy is centred on:
- Increasing customer relevance and share-of-wallet through data and insight
- Focusing on core product areas where Wynnstay has scale and competitive advantage
- Driving operational discipline through systems, simplification and cost control
The Group’s mid-term targets provide a clear and credible pathway to materially enhanced returns.
- ~10% revenue and gross profit growth
- ~20% adjusted EPS growth
- RONA above 10%
- A doubling of customer share-of-wallet
- Top three market positions across core categories
Strong Balance Sheet Supporting Growth and Returns
Wynnstay maintains a robust, asset-backed balance sheet with a net cash position, providing flexibility to invest in growth while maintaining shareholder returns. Capital allocation is focused on:
- High-return organic investment in capacity, infrastructure and systems
- Targeted, value-enhancing acquisitions in a fragmented market
- Maintaining a progressive dividend policy
This disciplined approach ensures capital is deployed to maximise long-term value.
Opportunity-Driven Market Positioning
The UK agricultural supply market remains highly fragmented, providing a substantial opportunity for Wynnstay to grow market share and strengthen its position as a leader in its core markets.
- Strong existing customer relationships provide scope to increase share-of-wallet
- Integrated model enables cross-selling across product categories
- Scalable platform supports both organic growth and consolidation
- Capacity investments position the Group to capture future demand
Leading the Digital Transformation of UK Agriculture
Wynnstay is aligned with long-term structural trends shaping UK agriculture, particularly the increasing role of data, technology and precision farming in driving productivity and efficiency.
- Investing in digital platforms, data and systems to enhance decision-making across the Group
- Supporting farmers with insight-led advice, helping optimise input usage and improve on-farm performance
- Developing a more connected, data-driven customer offering through CRM, analytics and digital engagement tools
- Leveraging technology to improve operational efficiency, supply chain visibility and pricing discipline
These developments position Wynnstay to play a leading role in the digital transformation of UK agriculture, strengthening customer relationships and supporting more efficient and productive farming systems.
Experienced Leadership and Operational Excellence
Wynnstay is led by a refreshed and experienced management team with strong expertise in operational transformation, integration and capital allocation. Supported by over 800 colleagues and specialist technical teams, Wynnstay combines commercial discipline with deep agricultural knowledge.
Strong Foundations for Long-Term Value and Returns
Wynnstay offers investors exposure to a resilient, essential sector, underpinned by:
- A differentiated and scalable integrated platform
- Proven operational improvement and margin progression
- Clear strategy with measurable growth targets
- Strong balance sheet and disciplined capital allocation
- Significant opportunity to grow market share in a fragmented industry
With the foundations now in place, Wynnstay is well positioned to deliver sustainable growth and enhanced shareholder returns.
Driving growth and performance
Established national brand trusted for quality and service
Long history and established presence in the UK agricultural supply chain
Diversified, resilient business model
Multi-channel approach across seven core categories: Feed, Arable (Seed/Fertiliser), Milk Powders, Animal Health, Supplements, Blocks & Buckets and Harvest Products
Strong financial foundations
Robust balance sheet, disciplined cost control with a significant net cash position alongside a disciplined capital allocation framework
Trusted experts operating in an essential market
Highly experienced leadership and senior management team operating at the centre of the food supply chain
Progressive dividend policy
22 years of unbroken dividend growth, demonstrating resilience through market cycles
Fragmented market opportunity
Significant potential to grow market share organically and through value-enhancing acquisitions in a highly fragmented sector
Deepening existing customer relationships
Clear opportunity to grow the Group’s share-of-wallet with its existing customer base
Clear growth strategy, positioned for the future
Project Genesis has been integrated into a wider Wynnstay Strategy Genesis, building on progress so far
Wynnstay Strategy Genesis:
Operational transformation programme underway
Project Genesis laid the groundwork for Wynnstay’s transformation, focusing on short-term operational alignment and efficiency to secure a strong foundation. Building on this success, we now move into Wynnstay Strategy Genesis, a five-year plan centred on driving growth, innovation, and long-term value creation across the Group.
The five-year programme is focused on:
- Driving sustainable growth and improved profitability across the Group
- Enhancing operational performance through streamlined structures and improved efficiency
- Reducing costs while investing in innovation and leadership capability
- Positioning Wynnstay to deliver materially enhanced shareholder value over the long term
Expert leadership and deep agricultural knowledge
Highly experienced leadership and senior management team with proven track records in operational transformation, M&A integration and agricultural sector expertise. Our 811 colleagues include specialist technical teams providing expert guidance across dairy, beef, sheep, poultry and arable farming.