Majestic Wine Plc

Introduction gallant vino Plc has been selected for the purpose of analysis in this assignment. The Annual Reports for the year finish 2007 and 2008 work been taken as reference for this study. For comparison of the monetary ratios with a comp either having corresponding operations, Berry Brothers and Rudd Limited, hereunder referred as BBR Ltd. has been chosen. Berry Bros. & ampere; Rudd is Britains oldest wine-coloured and touch sensation merchant, having been in business for everyplace 300 years. 1.2 About the Company - grand wine W ar kins Majestic Wine Plc (hereafter referred as Majestic) is the UKs starring(p) wine warehouse scope sell wine by the mixed chance to the command public. Majestic has over one hundred fifteen stores throughout England, Scotland and Wales and plans to open many more than in the future. They in addition own Wine and Beer dry land in Northern France. Majestics yearly turnover was ?197 million in the pecuniary year terminate March 2008. Majestic has eccentric trading indemnity that means that wine is interchange by the mixed case rather than by the bottle. Their stores remove oversized sites that can house vast quantities of stock - most(prenominal) stores have at least 800 different wines available at any one time. The vehemence in the stores is on providing transcendent and award-winning levels of customer service with the help of highly prepare and fervent staff. With forego delivery, free glass loan, friendly, knowledgeable staff and a tasting recurrence in every store, customers are further to browse and experiment before making their purchases. With this brief tensity of the company the financial ratios of Majestic shall be analysed with inputs from the Annual Reports. 1.3 hitability analysis Profitability Ratios 2006 2007 2008 BBR 2007 gross tax income Revenue (?m) 172.2 191.2 197.0 65.9 Cost of Sales (?m) 135.9 150.8 155.0 55.5 Gross Profit (?m) 36.3 40.3 42.0... If you want to get a full essay, order it on our website: Ordercustompaper.com

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