Profitability rises across all NZ winery sizes in 2014, new survey shows

Mon, 22 Dec 2014

By Fiona Rotherham Dec. 23 (BusinessDesk) - The turnaround in the New Zealand wine industry has continued this year with improved profitability across wineries of all sizes, according to the 9th annual financial benchmarking survey released by Deloitte and New Zealand Winegrowers. Vintage 2014 tracks the financial results of wineries accounting for more than 40 percent of the industry’s export revenue for the 2014 financial year and shows a trend of increasing profitability that has been building for the past four years. The wine industry...

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