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Naked Wines PLC on Thursday said it anticipates annual profit to be at the top end of guidance, despite an expected revenue decline. Shares in Naked Wines rose 8.4% to 72.00 pence on Thursday morning in London. The Norwich, England-based online wine seller said adjusted earnings before interest, tax, depreciation and amortisation are expected to be towards the top end of guidance. At the beginning of the month, Naked Wines reiterated its guidance for adjusted Ebitda, excluding inventory liquidation and associated costs, of between £5.5 million and £7.5 million for the financial year ending March 2026. If the company achieves adjusted Ebitda at the top end of guidance, this would represent a rise of 12% from the £6.7 million reported for financial 2025. It said this upgrade follows the current success of peak trading, cost discipline, and acquisition investment. However, Naked Wines said it expects to see revenue at the lower end of guidance, which is between £200 million and £216 million for financial 2026. This would represent a decline of between 14% and 20% from £250.2 million in financial 2025. The company attributed the expected revenue drop to the impact of removing ‘inefficient investment’. ‘This builds towards the previously communicated strategy of a smaller but materially more profitable business; poised for a return to profitable growth, with adjusted Ebitda growing progressively over the medium term,’ Naked Wines said. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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