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Majestic Wine

February 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Interims last month showed pretax profit fell 11% to £8.5m on sales that rose almost 3% to £134m. It would have been better but for one-off investments in a new head office, IT and distribution centre. Meanwhile Lay & Wheeler, which sells wine en primeur or “in bond” for investment and longer term drinking, reduced profits from £575,000 to just £127,000 but that reflected a weak 2013 Bordeaux vintage.However, the core business is still growing with the number of customers on its database purchasing over the last 12 months increasing almost 2% to 643,000 while average spend per transaction rose £3 to £130. Four new stores started trading in H1 and a further five opened by Christmas ...

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Babcock International - Order book increased by Â£5bn

Bonmarche - Rise in operating margins

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Majestic Wine (January 2013)

Majestic Wine - 8% increase in transactions (August 2012)

Majestic Wine (March 2012)

Majestic Wine - Further reduction in Net debt (February 2012)

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Majestic Wine - Aim to double estate to 330 outlets (July 2011)

Majestic Wine - Reduction in minimum order drives strong growth (July 2010)

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Majestic Wine - Profits well below forecasts (December 2008)

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Majestic Wine (August 2007)

Majestic Wine (February 2007)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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Majestic Wine

February 2015

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