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Majestic Wines FY profits slip on Naked Wines buy

2015-06-15 14:23:00| Daily beverage news and comment - from just-drinks.com

UK wine retailer Majestic Wine has seen its full-year net profits hampered by its purchase of Naked Wines.

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Majestic profits drop but Naked Wines deal provides hope

2015-06-15 10:28:47| Beverages - Topix.net

Annual profits at Majestic Wine dropped by nearly a quarter in the year to 31 March, though the retailer gave an optimistic outlook on the back of its recent acquisition of Naked Wines. The AIM group, which bought the customer-funded online wine business for A 70m in April, reported a pre-tax profit of A 18.4m, down 22.5% from A 23.8m the year before.

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Majestic Wine profits fall 22.5%

2015-06-15 09:16:05| BBC News | Business | UK Edition

Majestic Wine's annual profit falls partly due to the cost of taking over its smaller online rival Naked Wines in what it called a "challenging" year.

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Network Rail profits fall by 50%

2015-06-11 09:03:34| BBC News | Business | UK Edition

Network Rail has reported a 50% fall in pre-tax profit to 506m for the year to 31 March compared with 1.04bn a year earlier.

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Zara owner profits up on sales surge

2015-06-10 12:24:26| BBC News | Business | UK Edition

Inditex, owner of clothing retailers including Zara and Massimo Dutti, sees a 28% rise in net profit for the first quarter of 2015.

Tags: sales owner profits surge

 

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