(Sharecast News) - Naked Wines said on Thursday that FY26 profits were set to be towards the top end of guidance, while revenue will be at the lower end.

The company has previously guided to adjusted earnings before interest, tax, depreciation and amortisation of between £5.5m and £7.5m and revenue of £200m to £216m.

Naked Wines attributed the improved outlook for adjusted EBITDA to the current success of peak trading across all markets, and its "disciplined approach to all cost areas".

"The strategy of removing inefficient investment, will also see revenue at the lower end of guidance," it said.

"This builds towards the previously communicated strategy of a smaller but materially more profitable business; poised for a return to profitable growth, with adjusted EBITDA growing progressively over the medium term."

The company is due to publish a fuller trading update on peak trading performance in mid January.