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Article: Casella result plunges, but Tail is keeping it wagging.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 2, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Eli Greenblat
Nov 02, 2009 (The Age - ABIX via COMTEX) -- Casella Wines has reported a 2008-09 net profit of $A40.64m, which is 48.6 per cent lower than previously. However, sales rose from $A383.85m to $A426.7m, amid the continued popularity of brands such as Yellow Tail. Meanwhile, Australian Vintage has proposed establishing a joint venture with US-based Constellation Brands.
Publication Date: 3 November 2009
CASELLA WINES PTY LTD
YELLOW TAIL WINES
AUSTRALIAN VINTAGE LIMITED - ASX AVG
CONSTELLATION BRANDS INCORPORATED - ASX CBR
HARDY WINE COMPANY LIMITED
FOSTER'S GROUP LIMITED - ASX FGL ...