Aust Vintage underlying profit to rise

Aust Vintage underlying profit to rise

Profits are on the rise at the wine maker behind the McGuigan and Tempus Two labels thanks to stronger sales both within Australia and overseas. Australian Vintage is forecasting net profit this financial year to come in about 10 per cent above the $7.1 million, before one off items, it made in 2013/14. The wine maker’s chairman, Richard Davis, told shareholders that in the four months to October 2015, sales to both domestic and export markets were stronger.

Scroll to top