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29 Apr 2024

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Delegat Group Limited (NZX: DGL) $333 million syndicated bank facilities
Delegat Group is pleased to announce that the Company has today approved the renewal of its committed bank facilities with the incumbent panel of four banks, being Westpac, BNZ, HSBC and China Construction Bank (New Zealand) Limited providing $333 million

Delegat Group lifts profit, dividend, despite lower sales
NZX-listed wine producer Delegat Group said its operating net profit for the June year was a record $65.5 million, up 8 per cent on the previous year's, despite lower case sales.The company's operating EBITDA came to $122.9m, up...

Delegat Group Limited (NZX: DGL) 2021 Harvest Announcement
DGL announces that it has concluded the 2021 harvest which has delivered excellent quality in all regions. The Group’s harvest is 37,470 tonnes and lower than forecast due to unseasonal cool spring weather in Marlborough and Hawke’s Bay

Delegat Group Limited (NZX: DGL) Interim Results to 31 Dec 2020
The Group is on target to achieve global case sales for the full year of 3,391,000, up 3% on last year. Based on prevailing exchange rates, the Group forecasts a 2021 Operating Profit result of $67 million, up on last year’s performance by 10%

Winemaker Delegat Group' toasts to another year of record earnings
Delegat Group has posted an almost $61 million net profit after tax in the 12 months to June 30 - a new record following a record $50.8m posted a year earlier.New Zealand's largest listed winemaker's net profit after tax increased...

Delegat challenged to have 'super-premium' board
Delegat Group's collection of veteran directors was challenged at yesterday's annual meeting as a shareholder questioned whether it needed new blood to make sure it matched the winemaker's "super-premium" branding. Shareholder Jenny...

Lower yield and marketing efforts to flatline Delegat profits
A lower yielding vintage and a yet-to-be deployed marketing effort will hamper profit growth for Delegat Group next financial year despite an expected boost in wine sales

Delegat to invest $33M to support global growth aspirations
Delegat Group will spend $33 million developing its vineyards in the current financial year to support an expected 23 percent lift in global sales by 2021

Pāmu CEO Steven Carden to head up Delegat Group
Pāmu chief executive Steven Carden will leave the company to take up a role as managing director of NZX-listed winemaker Delegat Group.Chairman Warren Parker thanked Carden for his almost eight years at the helm of Pāmu...

Delegat Group Limited (NZX: DGL) 2021 Full Year Results
The Group continues to operate in an environment of elevated uncertainty and global supply chain disruption. The Directors are pleased to advise they have approved a fully imputed dividend payout of 20.0 cents per share

Delegat Group celebrates 25% increase in profit
Delegat Group has posted a $43 million net profit after tax in the six months ending December 31.New Zealand's largest listed winemaker increased its profit in the period by 25 per cent from $34.4m a year earlier.The Auckland-based...

Delegat Group Limited (NZX: DGL) Resignation of Managing Director
Delegat Group is announcing today the resignation of Managing Director John Freeman. John will remain with Delegat until late March and intends to relocate to Australia with his family

Deloitte Top 200: Finalists announced for celebration of kiwi business
Transport, energy, data and retail companies are among a diverse group of finalists in the Deloitte Top 200 Awards for 2019.The finalists for company of the year are Meridian Energy, Mainfreight and Delegat.The finalists for chief...

Delegat continues to invest after record year
Delegat Group, New Zealand’s biggest listed winemaker, lifted operating net profit by 14 percent in the June 2019 year, but indicated it was unlikely to make further gains next year

Delegat first-half profit climbs on record sales volumes
Delegat Group lifted first-half profit 30 percent as it sold a record volume of wine worldwide as the northern hemisphere markets become increasingly important to the winemaker