Impact of Cyclone Gabrielle (Update)

GENERAL
Tue, Feb 21 2023 08:30 am

Market Update – Impact of Cyclone Gabrielle

We are pleased to advise that all our people in the Hawke’s Bay are safe after Cyclone Gabrielle. Our priority remains the safety and wellbeing of our employees and their families. Delegat Group would like to thank our Hawke's Bay teams for their collective resilience, team spirit and positivity.

Our Hawke’s Bay winery and vineyards have not been damaged significantly by the cyclone and we continue to assess the impact on equipment and infrastructure at these sites. We now have access to our Crownthorpe vineyard and we are working towards further improving this access over the course of this week.

We are on track for a successful harvest in Hawke's Bay commencing around the end of February.

A further update will be provided with Delegat’s interim results, scheduled for Friday 24 February 2023.

End

For further information please contact
Steven Carden
Managing Director
Delegat Group Limited
+64 9 359 7300
[email protected]


Announcement PDF


Markets News

NZ stocks end flat amid Fletcher-SkyCity legal woes
Markets Market Close

NZ stocks end flat amid Fletcher-SkyCity legal woes

Tesla's 14% drop again highlighted the general state of global market uncertainty.

Jamie Gray 06 Jun 2025
Markets

SkyCity claims it is entitled to $330m in damages from Fletcher Building

The original delivery date of the International Convention Centre was January 2019. 

Rebecca Howard 06 Jun 2025
SkyCity claims it is entitled to $330m in damages from Fletcher Building
Markets

10 NZ firms could get slice of $200m Fisher KiwiSaver cash

Private equity investing will benefit both KiwiSavers and business, fund manager says.

10 NZ firms could get slice of $200m Fisher KiwiSaver cash