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Friday 26 April 2024

Delegat

Delegat navigates H1 headwinds as profit falls 18% 23rd February 2024 /

Delegat navigates H1 headwinds as profit falls 18%

Rising costs and stalling sales presented tough first-half trading for winemaker Delegat, with net profit falling 18% although the period was not without wins.


Delegat downgrades guidance 16th November 2023 /

Delegat downgrades guidance

Wine company Delegate Group is now expecting slower sales than last year, forecasting case sales of 3,614,000 cases for the 2024 year, down 1.7% on last year and 5.5% on previous guidance.


Delegat invests another $96m in sales drive to 4 million cases 27th September 2023 /

Delegat invests another $96m in sales drive to 4 million cases

The Oyster Bay owner is ploughing hundred of millions of dollars into asset growth as it works towards a goal case sales of more than four million by 2026.


Delegat joins record case sales club 25th August 2023 /

Delegat joins record case sales club

The winemaker reports strong growth in revenue and eyes further opportunities in the US, particularly for Oyster Bay.


Winemakers Delegat, Foley boost international sales 24th February 2023 /

Winemakers Delegat, Foley boost international sales

Both companies increased global case sales in a strong first half, although they grew demand in different parts of the globe.


Comvita, Delegat, Terra Vitae assess Cyclone Gabrielle impacts 21st February 2023 /

Comvita, Delegat, Terra Vitae assess Cyclone Gabrielle impacts

Comvita will likely write off its Hawke’s Bay honey facility, while Delegat and Terra Vitae gain access to their sites.


F&B wins at the Deloitte Top 200 awards 9th December 2022 /

F&B wins at the Deloitte Top 200 awards

Brother and sister powerhouse Jim and Rose Delegat took home the coveted Visionary Leader award for their work establishing NZ as a premium wine exporter.


Delegat to invest $52m to grow sales 21% by 2025 23rd September 2022

Delegat to invest $52m to grow sales 21% by 2025

Delegat Group says it plans to invest $51.9m in 2023 to provide earnings growth in the years ahead.


Delegat profit, revenue, case sales all rise 26th August 2022 /

Delegat profit, revenue, case sales all rise

Delegat Group has reported net profit of $63m for the 12 months to June 2022, up 2% from the previous year.


Delegat misses yield forecast despite harvest up 20% 8th June 2022 /

Delegat misses yield forecast despite harvest up 20%

Delegat Group says its 2022 harvest has been of excellent quality and is up 20% on last season’s low yielding vintage.


Supply chain costs eat into record H1 Delegat case sales 25th February 2022 /

Supply chain costs eat into record H1 Delegat case sales

Case sales across Australia, NZ and Asia Pacific jumped 14% but it wasn’t enough to make up for increased costs.


Ex-Ryman boss joins Delegat as director 16th February 2022 /

Ex-Ryman boss joins Delegat as director

Former Ryman chief executive Gordon MacLeod has been appointed to Delegat Group.