Chapel Down: Winemaker toasts new CEO as finance chief resigns Retail Chapel Down has named James Pennefather as its new chief executive while its finance head has resigned after a challenging year for England’s biggest winemaker. The London-listed firm said on Friday that Pennefather will take up the CEO post on 1 February, replacing Andrew Carter – who resigned in September as the firm reported a [...]
Chapel Down: Half-year profit almost wiped out as wine maker blames ‘one-off factors’ Food English wine producer Chapel Down has blamed ‘one-off factors’ for its pre-tax profit almost being wiped out during the first half of its financial year. The Kent-headquartered company, which is listed on AIM, said the fall from £2.4m to £40,000 in the in the six months ended 30 June was due to a ‘difficult macroeconomic environment’, [...]
Blast of the summer wine: English producers benefit from warmer climate Food The renaissance of English wine shows no sign of stopping in 2024 as increasing temperatures create better growing conditions in the south of the country. Turnover at the biggest producers of English wine has risen by 15 per cent in the last year and nearly three-fold in the past five years, according to accountancy group [...]
Chapel Down brings in Rothschild & Co to conduct strategic review as firm considers sale June 25, 2024 In an announcement to the markets this morning, Britain's biggest winemaker said it was the right time to review long-term funding options to support its growth strategy.
English winemakers raise a glass to start of vintage summer June 19, 2024 The English wine industry is toasting the start of what it hopes will be a bumper summer for homegrown vintages.
Chapel Down: Record harvest helps UK’s biggest winemaker fizz to the top April 16, 2024 Chapel Down has reported record company sales for the year ended 31st December following a strong harvest.