Long-term deals boost for Conviviality as sales top £836m

Bargain Booze collapse
Conviviality, the Crewe-based owner of Bargain Booze and Wine Rack, has toasted half-year revenue of £836.3m with long-term deals with its largest customers - Stonegate Pub Company and JD Wetherspoon. This is despite a 1.9% dip in pre-tax profits to £15.1m in the period to October 30, 2017. The company, which is the UK’s largest wholesaler and distributor of alcohol through its franchised outlets and hospitality and food service, signed a five year agreement with Stonegate, and another deal with Wetherspoon’s. A 10-year... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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