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Gusbourne PLC Reports Growth in Direct Sales Amid Challenging Market Conditions
Company Announcements

Gusbourne PLC Reports Growth in Direct Sales Amid Challenging Market Conditions

Story Highlights
  • Gusbourne’s net revenue rose slightly in 2024, led by strong Direct to Consumer sales.
  • The company expanded its distribution network and received numerous awards, boosting its market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Gusbourne ( (GB:GUS) ) has shared an announcement.

Gusbourne PLC reports a slight increase in net revenue for 2024, driven by a 19% growth in Direct to Consumer sales, despite challenging conditions in the UK trade and international markets. The company has focused on strategic growth, launching new products and expanding its distribution network, while maintaining cost control amidst macroeconomic challenges. Gusbourne also received numerous prestigious awards, enhancing its reputation as a leading English sparkling wine producer.

More about Gusbourne

Gusbourne PLC is a prominent producer of high-quality English sparkling wines, with its operations based in Kent and West Sussex. Established in 2004, the company has grown its vineyard holdings to 93 hectares and is known for its commitment to excellence and traditional winemaking processes, enhanced by innovation. Gusbourne’s wines are distributed in luxury establishments worldwide, reflecting its premium brand positioning.

YTD Price Performance: -2.56%

Average Trading Volume: 15,658

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £23.13M

See more data about GUS stock on TipRanks’ Stock Analysis page.

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