Online wine retailer Virgin Wines has hiked its trading targets again as it maintained sales momentum despite the reopening of hospitality venues. Virgin Wines said revenue and earnings for the year to June 30 are therefore now expected to have been “marginally higher than previous expectations”. Revenues for the year increased by around 30% to £73.8 million, it said in the interim trading update. He added: “Full-year 2021 has been a transformational year for Virgin Wines, delivering significant growth in our revenue, our profit and our customer base. “This has been achieved whilst successfully listing the business on AIM and navigating the operational complexities that comes with significant growth in a Covid world.

Source: Irish Independent July 20, 2021 11:03 UTC