Big week in agribusiness with wine, horticulture the standouts

AUSTRALIAN wine and horticulture businesses were the darlings of the agriculture industry this week, with several of the country’s largest companies posting record performances. Wine giant Treasury Wine Estates posted earnings growth from all its key regions. The winemaker, which produces brands including Penfolds, Wolf Blass, Lindemans and Seppelt, announced a net profit of $87.6 million for the first six months of 2015-16, up 39 per cent.