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Virgin Wines ‘optimistic’ about future growth as sales increase

By Megan Robinson25 March 2024

Virgin Wines delivery box

Virgin Wines says it is “optimistic” about its prospects after it posted a revenue increase in its latest results.

In the six months to December 29, 2023, total revenue increased 2% to £34.4m, up from £33.6m in the same period of the previous year.‘‘

Underlying EBITDA soared 122% to £1.76m, up from £0.75m over the same period last year.