A Majestic Performance As Sale of Fine Wines Takes Off Royally

Summary


Majestic has toasted a profitable year, boosted by a 30 per cent increase in the sale of fine wines.

The UK's largest wine warehouse yesterday reported a ten per cent rise in pretax profits to pounds 14.5 million for the year to March 27 and said turnover lifted six per cent to pounds 172.2 million.

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Extract


A Majestic Performance As Sale of Fine Wines Takes Off Royally

Strong demand for wines from Burgundy, Spain, Chile, Argentina, South Africa and New Zealand helped business while champagne and rose also performed well,...

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