Delegat HY result deflates due to challenging market dynamics
The company expects its annual operating profit to come in at the lower end of guidance.
A Delegat winery in Marlborough.
NZX-listed wine company Delegat Group has reported decreased revenue and profit, while lowering debt and improving cashflow.
Total revenue for the six months ending December 31 fell 12% to $178.6 million from $203m year-on-year, and global case sales also dropped 15% to just over 1.6 million
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