NWF Group plc reported unaudited consolidated earnings results for the half year ended November 30, 2012. For the period, the company's revenue was £256.5 million against £263.7 million a year ago. Operating profit was £2.9 million against £2.4 million a year ago. Profit before taxation was £2.3 million against £1.8 million a year ago. Profit for the period attributable to equity shareholders was £1.7 million or 3.6 diluted pence per share against £1.3 million or 2.7 diluted pence per share a year ago. Net cash generated from operations was £3.5 million against net cash absorbed by operations of £8.5 million a year ago. Purchase of intangible assets was £0.2 million against £0.5 million a year ago. Purchase of property, plant and equipment was £0.8 million against £2.6 million a year ago. Net debt as on November 30, 2012 was £13.7 million against £29.3 million as on November 30, 2011. The increase in revenue was due mainly to lower crude oil prices than in the prior year.

The company announced the board has approved an unchanged interim dividend per share of 1.0 pence against 1.0 pence for the first half of 2011. This will be paid on May 1, 2013 to shareholders on the register on March 22, 2013. The shares will trade ex-dividend on 20 March 2013.