Fine wine and growth in sales on the internet look poised to boost the performance of ­Majestic Wine in the ­coming year.

Chief executive Tim How said: "The single biggest initiative this year will be the continued roll-out of our fine wine range to 25 stores."

So far half that number house fine wine displays.

The company said internet orders had grown 38% in the year to 27 March. It also said it planned to grow its estate from 129 to 135 stores by the end of the year, and to 200 eventually.

The company reported pre-tax profit up 9.8% from £13.2m to 14.5m, on sales up 6% from £162.5m to £172.2m.

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