Site Visit

RNS Number : 4060L

Majestic Wine PLC

03 October 2016

 

For Immediate Release                                                                                                                              3 October 2016

 Majestic Wine PLC

Site Visit

Majestic Wine PLC is hosting a site visit for Institutional Investors and Analysts today at its newly revamped Majestic Wine Store in Welwyn Garden City.

The visit will include a presentation on Majestic Retail's transformation plan, a tour of the store and wine tasting with senior management.  No new trading information will be disclosed. A copy of the presentation will be shortly available for download on the Majestic Wine PLC website:  http://majesticwineplc.co.uk/investor-centre/results-centre/

For further information, please contact:

Majestic Wine PLC Rowan Gormley, Chief Executive Officer James Crawford, Chief Financial Officer Gabriella Clinkard, Public & Investor Relations	Tel: [phone] Tel: [phone]
Investec (NOMAD & Joint Broker) Garry Levin / David Flin / David Anderson/Carlton Nelson	Tel: [phone]
Liberum (Joint Broker) Peter Tracey / Anna Hartropp / Richard Bootle	Tel: [phone]

About Majestic Wine PLC:

Majestic Wine PLC is a leading wine specialist, operating in four separate divisions, each with the fundamental goal of delivering sustained growth in shareholder value by doing the right thing for the Group's customers, suppliers and people:

•Majestic Retail - The UK's largest specialist wine retailer, with 210 branches in the UK and 2 in France. We help people find the wines they will love through over 900 highly trained, specialist store team members. Sales for the year ended 28 March 2016 were £244.0m.

•Naked Wines - Funds independent winemakers to make exclusive wines at preferential prices which we pass onto customers. Naked Wines currently has 152 winemakers in 14 countries and 301,000 Mature Angels (Customers). Sales for the full year ended 28 March 2016 were £104.3m (£102.5m of this was post acquisition).

•Majestic Commercial - A specialist on-trade supplier who aims to support businesses to make their wine lists more profitable, with the unique advantage of running their supply chain through Majestic Retail stores. Sales for the year ended 28 March 2016 were £45.6m.

•Lay and Wheeler - A Specialist fine wine merchant. Lay & Wheeler aims to be a trusted guide for people who love fine wine, supplying the world's finest wines with a personal service. Sales for the year ended 28 March 2016 were £10.0m.

 

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