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PLIMSOLL PREDICTS BRIGHT FUTURE FOR BOOZE RETAILERS

Published: 23 July, 2008

The retail drinks industry is in fine fettle, according to a new report. The latest Plimsoll Portfolio Analysis reveals that 144 companies have seen sales increase by more than 15%; 189 firms have doubled profits; and 153 companies have halved their debts. David Pattison, senior analyst at Plimsoll Publishing, said: After the past few years of uncertainty, the UK drinks retailer industry is experiencing a positive upswing.' However, despite the good news, the report also found that 298 firms have declining sales figures, and 260 that are loss-making. A full version of the report, which examines the performance of the top 1,000 drinks companies in the UK, can be ordered by visiting www.plimsoll.co.uk or by calling 01642 626400.

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