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Profits up for English Wine.
(From Off Licence News)
Despite poor weather and rising costs, English Wines Group managed to climb back into profit in its most recent trading year.
The Tenterden-based producer of Chapel Down wines made a pre-tax profit of AGBP157,543 compared with a loss of AGBP89,579 in the previous year.
The company said it had achieved an 18% increase in average retail prices which had helped to compensate for the rising cost of raw materials. Volumes were up 5%. Head office efficiencies led to a 10% ...
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