Big contract win in the US | Fairy tale becomes reality
An AIM company covered here has announced a massive contract win in the largest market of all; could this be the start of something even bigger? Elsewhere, a well-managed distributor is trading ahead again, bringing another upgrade, while the usual suspects came out with profit warnings. Read on here for this and other news from AIM. (Free to read)
Naked Wines: results delayed, trading below expectations and board changes Naked Wines (AIM:WINE) continues to struggle, with the release of its audited results being delayed and trading in the current year below expectations. There is also a surprise change to the Board. Sales in the first quarter of the current financial year have been below expectations, largely due to “reduced levels of new customer recruitment”. If this trend continues for the remainder of the financial year sales are now forecast to be around £300m. As feared, having turned off the marketing tap, they are struggling to recruit new customers and…