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 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 Wine has added two new members to its board of directors, effective immediately.
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Henkell Freixenet has announced an overall drop in turnover, but reported record turnover for the UK and Scandinavia.
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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 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 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 has posted double-digit global growth driven by a particular impressive UK performance.
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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 has reported a rise in organic Q3 sales boosted by strong performances in China and the US.
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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’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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