Delegat hits sales record, wants more

Fri, 28 Aug 2020

Winemaker Delegat grew sales 9 percent in the last year and aims to grow a further 17 percent in the next three.Delegat plans to push its Oyster Bay brand in North America and Barossa Valley Estate globally, with the aim to reach sales of 3.8 million cases of wine per year.In the year ended June, the wine-giant saw global case sales hit a record at 3.4 million, a 9 percent increase, raising operating net profit 20 percent to $60.8 million.Reduced sales in hospitality due to covid-19 were offset by increased sales in retail and e-commerce channe...

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