Majestic Wine results may provide further clue to future

Majestic Wine (LON: WINE) has already flagged up its full year figures and much of its strategic review, but there could be more information when the annual results of the wine retailer are published on Thursday.

It is already clear that that the eponymous Majestic Wine business will not be part of the group for much longer. Management would like to sell the whole business but may have to put up with selling individual sites or groups of sites.

Management expects the costs of exiting the retail business will be covered by cash from asset disposals, although some sites may be closed rat...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.