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Foley Wines lifts profit 60% despite hangover from 2021

Premiumisation credited for keeping revenue up while working with last year's smaller harvest.

Foley Wine’s 2022 harvest was up substantially on the previous year.

Andrew Bevin Thu, 25 Aug 2022

Foley Wines points to execution of its premiumisation strategy as being behind an uplift in its 2022 results despite having a poor harvest to work with.

Majority owned by namesake Bill Foley, the NZX-listed company owns Martinborough Vineyard, Te Kairanga and the Lighthouse Gin brand in

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Andrew Bevin Thu, 25 Aug 2022
Contact the Writer: andrew@nbr.co.nz
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Foley Wines lifts profit 60% despite hangover from 2021
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