Naked Wines has updated its forecast and expects adjusted EBITDA to be towards the top end of its guidance for FY26.

The online wine retailer said the update is due to current trading success across all markets.

Additionally, the business stated the “company’s disciplined approach to all cost areas” improved its financial performance.

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However, Naked Wines estimates that the revenue will be at the lower end of the guidance, driven by a “strategy of removing inefficient investment”.

The company 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.”

Naked Wines forecasted an adjusted EBITDA of between £5.5m and £7.5m and overall sales of £200m to £216m. The wine retailer is working towards profitable growth and is set to publish a full trading update in mid January 2026.

The business reported an improvement in its half-year results, narrowing its losses compared to the previous year.