Foley Wines : 26 August 2021 - FWL NZX Results Announcement Year Ended 30Jun21
August 25, 2021 at 10:01 pm EDT
Share
Results announcement
Results for announcement to the market
Name of issuer
Foley Wines Limited
Reporting Period
12 months to 30 June 2021
Previous Reporting Period
12 months to 30 June 2020
Currency
NZD
Amount (000s)
Percentage change
Revenue from continuing operations
$57,952
+5.1%
Total Revenue
$57,989
+3.8%
Net profit/(loss) from continuing operations
$3,950
-19.5%
Total net profit/(loss)
$3,866
-44.1%
Interim/Final Dividend
Amount per Quoted Equity Security
$ 0.04000000
Imputed amount per Quoted Equity Security
$ 0.01555556
Record Date
8 October 2021
Dividend Payment Date
22 October 2021
Current period
Prior comparable period
Net tangible assets per Quoted Equity
$1.48
$1.37
Security
A brief explanation of any of the figures
Note: the net profit/loss in the prior year included a
above necessary to enable the figures to be
deferred tax adjustment of $1,519 due to the re-
understood
introduction of depreciation on commercial buildings from
the 2020/2021 tax year - excluding this one-off
adjustment the net profit in the prior year was $5,402 -
change this year vs this adjusted figure is -30.7%.
Other Key Metrics:
Operating Profit before revaluations and income tax
("Operating Earnings") $8,036 +3.7%
Operating Profit before interest, impairment, revaluations,
income tax, depreciation and amortisation ("Operating
EBITDA") $15,326 +1.1%
This announcement should be read in conjunction with
the attached audited Annual Report 2021. A copy of the
Annual Report 2021 can also be found on the FWL web
sitewww.foleywines.co.nz.
Authority for this announcement
Name of person authorised to make this
Jane Trought - CFO
announcement
Contact person for this announcement
Mark Turnbull - CEO
Contact phone number
+64 21 714 885
Contact email address
mark@foleywines.co.nz
Date of release through MAP
26 August 2021
Audited financial statements accompany this announcement.
Attachments
Original document
Permalink
Disclaimer
Foley Wines Ltd. published this content on 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2021 02:00:04 UTC.
Foley Wines Limited is a New Zealand-based integrated wine company producing table wines with the marketing and sales of premium wines in New Zealand and various export markets. The Company operates in the wine industry. The Company offers various wine brands, including Te Kairanga, Vavasour, Mt Difficulty, Russian Jack, Dashwood by Vavasour, Roaring Meg, Grove Mill, Martinborough Vineyard, Lighthouse Gin, Sanctuary, Te Tera, Goldwater, Boatshed Bay, Clifford Bay, And The Pass. The Companyâs vineyards are located in Marlborough, Martinborough and Central Otago, New Zealand. The Company sells its products in New Zealand, Australia, the United States of America, Canada, the United Kingdom, Europe and rest of the world. The Companyâs subsidiaries include Vavasour Wines Ltd, Goldwater Wines Ltd, Clifford Bay Wines Ltd, Te Kairanga Wines Ltd, Grove Mill Wine Company Ltd, Sanctuary Wine Company Ltd, Martinborough Vineyard Wines Ltd and The New Zealand Wine Company Ltd.