Conviviality says cheers as profits up 285%
Date added:
30/01/2017
Crewe-based Conviviality, the listed wholesaler and distributor of alcohol, has seen half year pre-tax profits increase 285% to £7.4m on a turnover growth of 211% to £782.5m. The company, which owns Bargain Booze and Wine Rack, said its strong performance in the half year to October 30 was helped by the successful integration of strategic acquisitions ahead of plan.in late 2015 it acquired Matthew Clark and a majority stake in bar and events company Peppermint, followed by Bibendum PLB Group in May 2016. Following the ac..
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