Foley Wines has reported a positive result for the six month period ending February 2023, with case sales up 12%, bottled sales revenue up 16.7%, operating earnings up 15.7%, reported profit after tax up 22.9%, and operating EBITDA up 19.69%.
Despite global disruption and logistical issues, the company's premiumisation strategy has continued to deliver successful results.
CEO Mark Turnbull attributed the success to strong global partnerships and the focus on quality which has underpinned the strategy.
The company is also looking forward to the opening of its hospitality development in Martinborough, The Runholder, in the coming months.
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