US tariffs in Delegat’s largest market bite into profits
The wine maker has produced a solid half-year result despite tariff turmoil, grape over-supply, and dropping wine consumption.
Delegat’s Malborough winery.
NZX-listed winemaker Delegat Group paid out $2.5 million in US tariffs during the first half of FY26 as North American sales fell 8%.
However, global sales still rose 3% to 1.69 million cases to the six months ending December, and that cadence is forecast to continue for the rest of the financial
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