Wine profitability up for big wineries, down for small wineries

Boutique wineries are losing money following a tough 2015 vintage for the industry, a survey reveals. Results from the 10th annual financial benchmarking survey show most wineries recorded a healthy profit, while small wineries suffered. Wineries with more than $20 million in revenue averaged a profit of 30.5 per cent, while wineries which generated sales up to $1.5m lost an average of 9 per cent.