Wednesday 28th June 2023 |
Text too small? |
Marlborough Wine Estates Group Limited (NZX.MWE) is pleased to advise the market with the following update:
- The company has completed the 2023 vintage with volumes up 1.7% on the 2022 vintage and in-line with pre-vintage expectations for the 2023 vintage. As a result Marlborough Wine Estates is projecting a net profit after tax between $0.2m to $0.3m (FY22: $0.32m).
- MWE CEO, Andrew Stafford, commented “Vintage 2023 has produced very high quality grapes which is a direct result of the hard work and attention to detail of our viticultural and winemaking teams”
ENDS
Authority for this announcement
Name of senior manager or director authorised to make this announcement: Andrew Stafford
Contact phone number: 09 215 6650
Contact email address: andrew@otuwines.com
No comments yet
Second St John withdrawal of labour takes effect tomorrow with further strikes likely
Sanford Appoints Independent Director
CRP ADVISES CLOSURE OF SHARE OFFER TO EXISTING INVESTOR
Devon Funds Morning Note - 14 August 2024
OCR 5.25% - Monetary restraint tempered as inflation converges on target
Consumers still need due diligence as new deposit takers emerge.
Woolworths strike: staff asked to dress up in Disney costumes for a week on their own dollar
Turners Invests in Quashed Online Insurance Platform
PGW Reports on Challenging Year
Arvida Announces Executive Team Changes