Naked Wines plc (WINE) Earnings Call Transcripts

Naked Wines plc's Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Purcari Wineries reported flat revenue of EUR 44 million, which was in line with expectations despite a challenging macroeconomic environment characterized by high inflation. EBITDA increased by 17% year-on-year to EUR 12 million, driven by improved gross margins and disciplined cost management. Management maintained its revenue growth guidance of 10% to 15% for the fiscal year, signaling confidence in future sales despite a slight decline in net profit due to currency fluctuations and increased depreciation.

Reported metrics

Guidance from management

Management maintained its revenue growth guidance of 10% to 15% for 2026, citing positive market signals and ongoing projects that should support this growth.

What management said

Okay. It seems it's Friday and it's lunch time. So in case there are no other questions, we are ready to conclude our presentation Meantime, you can address all your questions you have directly on the Investor Relations side or right to me or to an at all, and we will revert to you with answers to all your questions. With that, I want to thank you and wish you a nice weekend ahead.

What analysts pressed on

Analysts expressed concerns regarding the impact of high inflation on consumer behavior and the potential risks associated with currency fluctuations affecting profitability. There were inquiries about the company's strategies to mitigate these risks moving forward.

Main topics on the call

• Revenue Stability — Purcari reported flat revenue of EUR 44 million, which management described as a 'good result' given the high inflation affecting consumer confidence. The company emphasized that maintaining revenue in a volatile environ...
• EBITDA Growth — EBITDA grew by 17% year-on-year, reaching EUR 12 million, supported by a 2 percentage point increase in gross margin. Management noted, 'this is one of the highest levels at our group,' indicating strong operational effi...
• Net Profit Decline — Net profit decreased by 11% to EUR 8 million, attributed to higher depreciation and foreign exchange impacts. Management acknowledged the 'big impact from currency devaluation' but maintained that underlying profitabilit...
• Market Performance — Romania, Moldova, and Bulgaria accounted for over 80% of sales, with Romania showing a 5.4% revenue increase despite inflation. Bulgaria's sales surged by 40%, showcasing strong performance in Central Europe.

Read the full Naked Wines plc transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 20 Naked Wines plc earnings call transcripts on record, spanning February 28, 2020 to July 23, 2026. Based on this history, Naked Wines plc reports semi-annually. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WINE

Exchange

AIM

Country

GB

Sector

Consumer Staples

Industry

Consumer Staples Distribution and Retail

Calls on record

20

First call

February 28, 2020

Most recent

July 23, 2026

Reporting cadence

semi-annually