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Australian Vintage Ltd (ASX:AVG)

ALERT: Price-sensitive ASX Announcement for AVG
Current share price for AVG : $0.064 -0.036 (-36%)+
Announcement
Release
21 Aug 2025 2:36PM
Price at Release
$0.100
Full Release
download
Summary
The Australian Vintage Ltd Appendix 4E and Financial Statements for the year ended 30 June 2025 report a decrease in revenue and net profit amid challenging market conditions, including global wine oversupply and competitive export markets. Despite this, the company emphasised operational efficiencies, cost management, and a focus on premium branded sales. Australian Vintage Ltd remains committed to sustainability and innovation, and the directors believe the company’s balanced portfolio positions it well for future challenges. A final fully franked dividend has been declared, and the financial statements have been audited according to Australian standards.
Key Points
  • Revenue for the year ended 30 June 2025 was $271.4 million, down 3.8% from the prior year.
  • Net profit after tax was $8.2 million, a decrease from the previous year’s $11.5 million.
  • Earnings before interest, tax, depreciation, and amortisation (EBITDA) were $37.7 million compared to $42.6 million in the prior year.
  • The company faced challenging market conditions, including a global oversupply of wine and increased competition in export markets.
  • Australian Vintage Ltd continued cost management initiatives and operational efficiency improvements across the business.
  • Despite reduced sales volumes in some regions, the company maintained a strong focus on branded sales and premiumisation strategies.
  • The board declared a final fully franked dividend of 2.0 cents per share.
  • Australian Vintage Ltd continues to invest in sustainability, including energy efficiency and water use initiatives.
  • The directors believe the company is well-placed to navigate ongoing industry challenges, with a balanced portfolio and focus on innovation.
  • The financial statements have been audited and prepared in accordance with Australian Accounting Standards.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.