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.

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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.