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Australian Vintage Surges Amid Industry Headwinds
Description
Australian Vintage is riding a sales surge, posting a 10% year-on-year jump in the second half of the year and generating $20 million in cash—turning last year’s $9 million loss into a win. With debt refinanced until March 2028 and interest rates locked, they’re stabilizing while the wine industry braces for tougher times, as rivals like Endeavour Group slash vineyard holdings and market volatility looms.
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