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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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Majestic Wine hopes to get its fizz back

2015-06-14 02:01:21| Beverages - Topix.net

Congratulations, you're now registered! Let us know what news and updates you want to hear about and we'll send them straight to your inbox. Analysts expect full-year pre-tax profits at Majestic to have fallen by about 12 per cent after a challenging Christmas period.

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Morocco's majestic cedars threatened by climate change

2015-05-26 05:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: The cedar tree, considered by many to be Morocco's national treasure, is coming under attack from climate change, greedy humans who indulge in illegal logging, and monkeys. The noble conifer Cedrus Atlantica covers about 134,000 hectares (330,000 acres) of the North African country. Although less well-known than its Lebanese cousin Cedrus Libani, the Moroccan cedar is still a potent symbol of national pride. The cedars cover vast stretches of Morocco's mountainous Middle Atlas, near the town of...

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Digging Into First Majestic Silver's Q1 Results

2015-05-22 21:37:08| Industrial Machines - Topix.net

The hole in the balance sheet was repaired by a $25M capital raise, but First Majestic still has to be careful and run a very tight ship the coming year. First Majestic used to be a frontrunner in the silver space as CEO Keith Neumeyer had an excellent name in the resource sector.

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