DWF’s share price has jumped on the news its most recent quarter of trading has improved following a poor financial year that saw its debt rise and pre-tax profit plunge.

At 9.30am BST, the firm’s share price had risen nearly 5% to 62.42 after it revealed its trading between May and July saw gross profit and net revenue growth of 17.2% and 20.3% respectively compared to the same period last year.