DGL

[winner69]

Good communications by their people. …… headline is an ‘update’ but in reality a downgrade …..if it had been a guidance ‘upgrade’ they would have headlined that

But as filthy says it’s only minor at 10%

[Sideshow Bob]

https://www.nzx.com/announcements/426749

Got to get to page 16 before see Reported NPAT was $33.4m, down 18%.

[Ricky-bobby]

This harvest is looking very lite also which will have a big impact on next FY…

[kiwikeith]

https://www.nzx.com/announcements/426749

Got to get to page 16 before see Reported NPAT was $33.4m, down 18%.

I thought the same thing. Normally a bad sign when the NPAT is not close to the top of the release,

[Sideshow Bob]

No surprises but harvest down significantly. Quality excellent though....

https://www.nzx.com/announcements/430413

Delegat Group Limited announces that it has concluded the 2024 harvest which has delivered excellent quality grapes in all regions. The Group’s 2024 harvest is 34,150 tonnes, down 24.7% on the 2023 harvest of 45,340 tonnes.
Marlborough, Hawke’s Bay and Barossa Valley experienced cooler spring growing conditions resulting in a significant, region-wide reduction in yield for the 2023/24 growing season. The Group’s harvest is in-line with regional industry results. The vintage outcome has delivered excellent quality wines for the Group’s brands.
The Company will provide updated guidance on future case sales volumes for 2025 and 2026 at the Annual result announcement.