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Virgin Wines reports robust financial growth and market expansion

Published:  26 July, 2024

Virgin Wines UK has shared its trading update for the year ending 30 June 2024, revealing stable revenue at £59m, matching the previous year’s figure. Improved margins and operational efficiencies, particularly in warehouse fulfilment, significantly boosted profitability.

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Diageo reports 8.3% jump in sales

Published:  29 July, 2021

Diageo has reported an 8.3% jump in sales to £12.7bn with strong organic growth offset by an adverse foreign exchange impact in the year to 30 June 2021.

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Alliance appoints two new board members

Published:  09 June, 2021

Alliance Wine has added two new members to its board of directors, effective immediately.

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Henkell Freixenet reports record UK turnover

Published:  29 April, 2021

Henkell Freixenet has announced an overall drop in turnover, but reported record turnover for the UK and Scandinavia. 

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Naked Wines reports 81% sales surge during lockdown

Published:  24 June, 2020

Naked Wines has reported an 81% surge in sales during April and May, making up the first two months of fiscal 2021.  

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Edrington reveals rise in sales and profits

Published:  20 June, 2019

Edrington has reported a 9% increase in core revenue and a 4% rise in profits for the year ending 31 March 2019.

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Boutinot reveals rise in sales and profits

Published:  03 June, 2019

Boutinot has reported turnover increased to £139.6 million for the year ending 31 August 2018, up 4.5% on the previous year.

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Badet Clément posts double-digit global growth driven by the UK

Published:  18 July, 2018

Badet Clément has posted double-digit global growth driven by a particular impressive UK performance.

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Majestic declares itself fighting fit for tough market ahead

Published:  14 June, 2018

Majestic Wine’s full year results to 2 April 2018 reported group sales up 2.3%, driven by underlying sales growth of 11% at Naked Wines, in line with the company’s forecasts.

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Pernod Ricard reports strong organic sales growth

Published:  19 April, 2018

Pernod Ricard has reported a rise in organic Q3 sales boosted by strong performances in China and the US.

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Sainsbury’s reports strong first quarter growth

Published:  04 July, 2017

Sainsbury’s has reported 2.3% growth in like-for-like first quarter sales, excluding fuel, compared to a 0.3% increase seen in the previous quarter, partly in thanks to the sunny start to the summer.

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Majestic Wine ‘past tipping point’ as £1.5m loss offset by rising footfall and sales

Published:  15 June, 2017

Majestic Wine’s full-year reported profit before tax has revealed a loss of £1.5 million, set against a 15.8% rise in sales and 12% growth in the company’s customer base to 825,000 active customers.

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