Conviviality posts strong Christmas results

Claire Dodd

Claire Dodd

01 February 2016

UK alcohol wholesaler Conviviality reported strong Christmas trading, with group sales up 13% in the two weeks to 3 January 2016. The company also grew revenues by 38% to £252m during the first half of its financial year, to 1 November 2015.

Conviviality's results were bolstered by its acquisition of Matthew Clark in October, which increased its sales in those two Christmas weeks by 20%. Revenues for Matthew Clark – the UK’s largest alcohol wholesaler and distributor to the on-trade drinks sector – climbed by 2.7% from 7 October to 1 November.

Diana Hunter, Conviviality CEO, said: 'I am pleased with the progress we have made to bring our two businesses together. I would like to thank all of our people, our franchisees, our on-trade customers and our suppliers who have contributed to our success.

'This is a strong set of results during a period of significant transformational change. With Matthew Clark we now have a firm foundation in the expansive on-trade market from which to build on, and our success over the important Christmas period gives us confidence that the second half will deliver further growth.'



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