Delegat Group Limited (NZX: DGL) 2021 Harvest Announcement

Delegat Group Limited announces that it has concluded the 2021 harvest which has delivered excellent quality in all regions. The Group’s 2021 harvest is 37,470 tonnes which is 2% lower than the prior vintage of 38,129 tonnes and lower than forecast due to unseasonal cool spring weather during flowering in both Marlborough and Hawke’s Bay.

The vintage outcome will deliver excellent quality wines for the Group’s brands with lower than forecast yields resulting in moderation of sales forecasts for the next two financial years. Revised sales forecast guidance is 3,419,000 cases in FY2022 and 3,783,000 cases in FY2023.

Please see the link below for details:

DGL - 2021 Harvest Announcement

Source: Kiwi Property Group Limited

Comments from our readers

No comments yet

Add your comment:

Your name:
Your email:	Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

Smartpay Scheme Booklet and Notice of Meeting
September 18th Morning Report
Seeka Increases Forecast Full Year Earnings Guidance
TEM - Ability to invest in derivatives
Devon Funds Morning Note - 16 September 2025
September 17th Morning Report
MPG - Recapitalisation Closes Oversubscribed, Raises $23.9m
IPL - Indicative Issue Margin Range for Notes Offer
TWG partners with Tata Consultancy Services
Spark announces leadership team changes