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Evening Standard

Business

Simon Hunt

DARK SECRETS: Sparkling results for lord ashcroft s wine firm | Rare Historical Photos

Lord Ashcroft
(Picture: AFP via Getty Images)

An English sparkling wine producer controlled by former Conservative deputy chair Lord Ashcroft has seen its shares rise after the firm said revenues were set to more than double.

The Kent-based firm said it expects revenues for the first six months of the year to top £3 million after deducting excise duties, a jump of 108% on the previous year, led by strong domestic sales as well as a boost in exports to Norway, Japan and the USA.

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