Foley Family Wines

[nztx]

Dividend still on the Chiller on this one while the Martinborough Party Spirit takes centre stage ?

[nztx]

They are not big on announcements or shareholder comms are they?

October, and only 5 anns for the year.

Maybe they are like the old gents on the Mainland cheese ads, not much happening.

probably need to be well travelled up to US of A for Ann's sign offs .. a bit of a long wait and then
hope they don't lose their way on journey back

[Sideshow Bob]

https://www.nzx.com/announcements/437139

BUILDING STRONG ROUTES TO MARKET PAYS OFF FOR FOLEY WINES IN TOUGH YEAR FOR INDUSTRY

THURSDAY, AUGUST 29 2024 – Foley Wines reports a better second half in the Company’s Annual Report to June 2024, published to the New Zealand Stock Exchange today.

OVERVIEW
Bottled Sales Revenue $62,491,000 (+ 0.3%)
Case Sales 561,000 (- 4%)
USA Case Shipments 133,000 (+ 60%)
Operating Earnings $4,129,000 (- 60%)
(Loss) After Tax $(4,081,000) (- 164%)
Profit after tax excluding one-off tax adjustment $467,000 (- 93%)
Operating EBITDA $16,176,000 (- 20%)

[Getty]

https://www.nzx.com/announcements/437139

BUILDING STRONG ROUTES TO MARKET PAYS OFF FOR FOLEY WINES IN TOUGH YEAR FOR INDUSTRY

THURSDAY, AUGUST 29 2024 – Foley Wines reports a better second half in the Company’s Annual Report to June 2024, published to the New Zealand Stock Exchange today.

OVERVIEW
Bottled Sales Revenue $62,491,000 (+ 0.3%)
Case Sales 561,000 (- 4%)
USA Case Shipments 133,000 (+ 60%)
Operating Earnings $4,129,000 (- 60%)
(Loss) After Tax $(4,081,000) (- 164%)
Profit after tax excluding one-off tax adjustment $467,000 (- 93%)
Operating EBITDA $16,176,000 (- 20%)

Strong routes or routs?

Seems that increasing cases shipped to US 60% has coincided with a 60% drop in operating earnings.

Is this a registered business or registered charity?

Save the shipping costs, and just donate the wine to the locals.

[kiwikeith]

A route is a path, a rout is a defeat in battle and a root is part of a plant.

[nztx]

Strong routes or routs?

Seems that increasing cases shipped to US 60% has coincided with a 60% drop in operating earnings.

Is this a registered business or registered charity?

Save the shipping costs, and just donate the wine to the locals.

but the Locals might have developed a flavour for cheap imported Aussie plonk with all sorts of birds of prey on the label If you like - donate to a poor Aussie vineyard closer to home ..

those sort of habits might take a bit of routing out

nevertheless some exciting volume - a cellar shattering 128 crossed the line for a cent up yesterday on the news