28 October 2021 - annual results

The AIM-listed online wine retailer has announced its results for the year to 30 June and these have shown a 30% increase in revenue to £73.6m, with adjusted pre-tax profits rising by 86% to £5.2m.  Earnings per share on the same basis rose by 38% to 9.0p and no dividend has been proposed.  These results were in line with market expectations with strong demand being reflected in the increase in revenues.  The high level of repeat business from consumers fed through to an increase in the gross margin to 31 . . .

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