Brief: Virgin Wines UK Sees FY24 Double-Digit Sales Growth, EBITDA Margin Of About 4-5%

Virgin Wines UK

25/10/2023 07:18

Oct 25 (Reuters) - Virgin Wines UK PLC  VINO.L :
    * VIRGIN WINES UK PLC - FY GROUP REVENUE OF £59.0 MILLION
(FY22:
£69.2MLN)
    * VIRGIN WINES UK PLC - ADJUSTED PROFIT BEFORE TAX FOR FY23
£0.6M
    * VIRGIN WINES UK PLC - EXPECTS DOUBLE-DIGIT SALES GROWTH IN
FY
2024, WITH EBITDA MARGIN OF C. 4-5%
    * VIRGIN WINES UK: STRATEGIC INITIATIVES IDENTIFIED IN CO'S
BUSINESS REVIEW EXPECTED TO BE INTRODUCED IN Q2/Q3 2024 WITH
BENEFITS STARTING FROM H2 2024

Source text for Eikon:  ID:nRSY1735Ra 
Further company coverage:  VINO.L 

 ((Reuters.Briefs@thomsonreuters.com;))