(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Naked Wines PLC - Norwich, England-based online wine seller - Completes share buyback worth GBP2 million, buying back 2.8 million shares at 72 pence each. The buyback was conducted via a reverse accelerated bookbuild run by Panmure Liberum Ltd on Monday. The buyback follows a GBP2 million programme completed in September. The shares repurchased will be held in treasury. Naked Wines has a market capitalisation of GBP52.4 million. Read More
Naked Wines PLC - Norwich, England-based online wine seller - Launches a share buyback of up to GBP2 million via a reverse accelerated bookbuild, starting Monday and closing later the same day. The buyback follows a GBP2 million programme completed in September and will be run by Panmure Liberum Ltd. Shares repurchased will be held in treasury. Results are expected around December 23. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Monday. Read More
(Alliance News) - European equities made a mixed start to the holiday-shortened week, but sterling perked up and gold achieved a new record high. Read More
(Alliance News) - Naked Wines PLC on Thursday said it anticipates annual profit to be at the top end of guidance, despite an expected revenue decline. Read More
(Alliance News) - Currys reports improved half-year earnings, Naked Wines expects annual profit at the top end of its guide, but revenue at the lower end, while Time Out Group plans a GBP8 million fundraise as it grapples with tricky market conditions in its Media business. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in London opened lower on Tuesday, while on the FTSE 100, British American Tobacco is launching a new buyback. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Naked Wines PLC on Wednesday said trading remains in line with expectations and that it has competed the majority of its GBP2 million share buyback. Read More
Naked Wines PLC - Norwich, England-based online wine seller - Starts GBP2 million share buyback on Monday. The buyback, announced with the company's annual results last week, will be run by brokers Panmure Liberum Ltd. It will be completed by November 4, and all shares repurchased will be cancelled. Read More
(Alliance News) - Naked Wines PLC on Tuesday said it expects another top-line to decline in its new financial year, as it reported a narrower annual loss but a revenue fall. Read More
(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Tuesday and Monday, and not separately reported by Alliance News: Read More
Naked Wines PLC - Norwich, England-based online wine seller - Revenue was about GBP250 million in the financial year that ended March 31, within the company's guidance range of GBP240 million to GBP270 million. However, it is down 14% from GBP290.4 million in financial 2024, which itself was down 18% from GBP354.0 million in financial 2023. Naked Wines still expects to report underlying earnings of GBP4 million to GBP9 million, compared to GBP5.0 million in financial 2024. It pretax loss that year was GBP16.3 million. The company will report its full annual results in the "summer", at which time it will provide guidance for financial 2026 and an update on its new strategic plan. Last year, Naked Wines reported its annual results at the end of August. Read More
Naked Wines PLC - Norwich, England-based online wine seller - Non-Executive Chair Rowan Gormley leaves the board immediately. Company says this decision follows the launch of its new strategic plan last week. Senior Independent Director Deidre Runnette will become interim chair until a successor is appointed. Read More
Naked Wines PLC - Norwich, England-based online wine seller - sets out a new strategic plan. Will now target GBP10 million to GBP15 million in annual earnings before interest, tax, depreciation and amortisation, against GBP5.0 million in adjusted Ebit in financial 2024 and GBP15.9 million in financial 2023. This goal is to be supported by GBP23 million in newly identified annualised cost savings, creating up to GBP30 million in additional net cash. Naked Wines is also aiming to deliver sustainable underlying revenue growth, with a 5% to 10% exit growth rate. Revenue is expected to stabilise at GBP200 million to GBP225 million by financial 2029. The firm is also prioritising reaching GBP75 million in cash from the March 2025 balance sheet, which will be delivered over the medium term largely by liquidating GBP40 million in excess inventory. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM on Thursday. Read More