Italian Wine Brands (BIT:IWB) Stock Drops As Margin Squeeze Deepens

Italian Wine Brands goes into this earnings season priced like a problem stock, down about 11% over the past month, yet the latest half year shows a different kind of squeeze. The headline is profit pressure. H1 2026 net income sits at €7.8m on €175.3m of sales, which keeps the business profitable but points to thinner economics per bottle. For a group often framed as a value play on earnings power, the real story in this report is margin strain and what that does to the investment case from...