Naked Wines Sees Drop In Revenue And Profit In First Half
Naked Wines Plc has reported an 18% year-on-year decline in revenue at constant currency, to £132.3 million, in the first half of its financial year.
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Naked Wines Plc has reported an 18% year-on-year decline in revenue at constant currency, to £132.3 million, in the first half of its financial year.
Naked Wines reiterated plans to turn the business around on Friday, despite falling deeper into the red and posting a slump in half-year revenues.
Naked Wines has assured investors it is moving towards 'a period of sustained cash generation' after sales slumped and losses widened in the first half.
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