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The largest owner of a Douro farm buys the UK's oldest commercial vineyard

The largest Douro farm owner is buying the UK's oldest commercial vineyard The Symington Group, owner of Port wine brands such as Graham's, Cockburn's, ....

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Doddie Aid team leader takes part in gruelling bike challenge

The distance travelled was 325 miles with over 3000 meters elevation which coincidentally marked the 325th anniversary of the company. ....

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Berry Bros toasts strongest year in a decade

The Drinks Business
14 December 2020
By Arabella Mileham
Fine wine merchant Berry Bros & Rudd has toasted its best year in a decade, with group sales and operating profits hitting its highest point since 2010, according to accounts filed at Companies House, following a restructuring of the core business under its then executive chairman Lizzy Rudd.
In the year to 31 March 2020, underlying group sales rose £220.45m (before the accounting adjustment for en primeur sales), compared to £219m in 2019, while underlying group operating profit (excluding en primeur adjustment) grew a whopping 214% to £5.238m, up from £1.667m the previous year.
“However, with a revaluation loss of £3.3m on BBR’s UK property portfolio primarily due to the impact of covid-19 on year end valuations, the company recorded an overall loss for the financial year of £593,000, ” ....

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