Online & Digital
Virgin Wines EBITDA hits £2.8m
Despite an inflationary environment and ongoing cost pressures the group increased its gross margins to 31.9% (FY23: 29.6%), driven by the company's sourcing model and strong cost control
Online wine retailer Virgin Wines UK has reported a 260% increase in EBITDA to £2.8m, with its profit-before-tax also expected to be £1.95, up from a loss of £430k, for the year ended 30 June 2024.
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