AUSTRALIA: Lehmann net profit down 22%
By just-drinks.com editorial team | 29 August 2003
The Australian wine company, Peter Lehmann Wines (PLW), has reported a net profit for the year to June of A$5.4m, representing a 22% decline from last year. The company attributed the decline to discounting from major competitors and over-supply in the domestic wine market.
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The Australian wine company, Peter Lehmann Wines (PLW), has reported a net profit for the year to June of A$5.4m, representing a 22% decline from last year. The company attributed the decline to discounting from major competitors and over-supply in the domestic wine market.
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