Marlborough Wine Estates Group Limited (NZX.MWE) has announced that the 2023 vintage has been completed with volumes up 1.7% on the previous year.

The company is expecting a net profit after tax of between $0.2m to $0.3m for the financial year ending 2023.

CEO Andrew Stafford commented that the vintage has produced high quality grapes due to the hard work of the viticultural and winemaking teams.

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