Evans & Tate Wine Group

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AUS: Evans & Tate to sell Oakridge winery

24 Mar 2006

Evans & Tate has put its Oakridge winery up for sale as part of its plan to focus on its premium wine business.

AUS: Evans & Tate risks immediate A$20m repayment

9 Mar 2006

Evans & Tate risks having to immediately repay A$20m (US$14.7m) to convertible noteholders.

AUS: Evans & Tate review costs jobs

7 Feb 2006

Ailing Australian wine producer Evans & Tate has axed 20 jobs as part of a round of cost cuts it hopes will revive the business.

AUS: Evans & Tate turnaround bid continues

30 Nov 2005

Evans & Tate has completed the sale of its bulk wine inventory but said it would work with consultants 333 Performance Management for a further three months in a bid to turn around the business.

AUS: E&T ex-CEO "should apologise" – report

8 Nov 2005

Shareholders have demanded an apology from the former chief of Evans & Tate (E&T), according to local press reports.

AUS: New CEO takes helm at Evans & Tate

31 Oct 2005

Evans & Tate has appointed a new chief executive officer.

AUS: Evans & Tate faces investigation - report

4 Oct 2005

Evans & Tate may be investigated by the Australian authorities, according to local press reports.

Evans & Tate caught in the middle of crisis

31 Aug 2005

Australian wine company Evans & Tate has suffered acutely as grape oversupply and weak exports have combined to hit the Australian wine industry hard. David Robertson reports on the company’s woes and assesses the particular pressure that such mid-sized wineries are under in the current crisis.

AUS: Evans & Tate sees further write-downs

16 Aug 2005

The troubles of Australian winemaker Evans & Tate are increasing, with news today (16 August) that the company now expects to make write-downs of not less than A$16.5m for the 2004/05 financial year.

AUSTRALIA: Evans & Tate shares on trading halt

28 Jun 2005

Shares in Evans & Tate were placed on a trading halt today (28 June) at the request of the company, pending the release of an announcement by the Western Australian winemaker.

AUS: High hopes for Evans & Tate future

19 May 2005

Evans & Tate is expecting a healthy rise in its revenue going forward.

AUS: Evans & Tate OK on Foster’s Southcorp bid

21 Feb 2005

Evans & Tate has given Foster’s potential acquisition of Southcorp its blessing.

AUSTRALIA: Evans & Tate CFO resigns

4 Jan 2005

The chief financial officer of Australian wine group Evans & Tate has resigned from the company, according to local press reports.

AUSTRALIA: Southcorp execs join Evans & Tate

15 Dec 2004

Two former executives with Australia’s Southcorp wine group have joined Evans & Tate.

US: Evans & Tate expands US portfolio

6 Jul 2004

The Australian winemaker Evans & Tate said today that it was to expand its US operations, having signed a deal to distribute products for another Australian wine company, Cheviot Bridge ltd.

AUSTRALIA: Record grape crush for Evans & Tate

17 May 2004

Evans & Tate Ltd has announced a record grape crush from its Western Australian, Victorian and NSW wineries in the 2004 vintage.

AUSTRALIA: Evans & Tate consolidates in UK - update

26 Mar 2004

The Australian winemaker Evans & Tate has announced it has reached an agreement in principle with minority shareholders to purchase the balance of its UK distribution business Australian Wineries (UK) ltd.

AUSTRALIA: Evans & Tate hits back at glut claims

16 Dec 2003

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AUSTRALIA: Evans & Tate on Euro sales offensive

10 Nov 2003

Evans & Tate is to embark on an aggressive overseas sales drive in Europe.

AUSTRALIA: Evans & Tate completes vineyard sales

10 Nov 2003

Evans & Tate has completed the sale and leaseback of the 455-hectare Cocoparra Vineyard, the company announced last week.

AUSTRALIA: Cranswick boosts full-year at Evans & Tate

10 Sep 2003

The Australian wine group, Evans & Tate Ltd, posted a net profit for the year to the end of June 2003 of A$4.43m (US$2.91m), up from A$2.93m the year before and a record result for the company.

AUSTRALIA: IWIF ups E&T investment

10 Sep 2003

Australian listed wine investor International Wine Investment Fund has substantially increased its stake in West Australian producer Evans & Tate, takings its holding from less than 1% to 9%. The deal cost more than A$9m (US$5.9m).

Day of reckoning approaches Wine Investment Fund

22 Jul 2003

On Thursday unit holders will vote on the future of Australia's International Wine Investment Fund, deciding whether the fund will continue or be wound down. Chris Brook-Carter reviews the lead up to the vote and assesses the arguments for and against.

AUSTRALIA: Evans & Tate changes name

14 Jul 2003

In a move intended to communicate Evans & Tate's business more effectively across the globe, the Australian winemaker Evans & Tate today announced that it has changed its name to the Evans & Tate Wine Group. This change will not affect the Australian Stock Exchange listed trading entity, which will remain as Evans & Tate Limited.

AUSTRALIA: Evans & Tate forecasts record profit

10 Jun 2003

The Australian wine group, Evans & Tate Ltd., has forecast a net profit of at least A$4.3m for the year to the end of June. That figure would be a record for the company and would represent a 48% increase from 2001-02.

UK: E&T signs new distribution deal in UK

5 Jun 2003

Following its recent acquisition of Cranswick Premium Wines, the Australian winemaker Evans and Tate said today that it would be change its distribution arrangements in the UK market. As part of the Cranswick buy, E&T acquired a controlling interest in Australian Wineries, a UK wine distributor. And as a consequence Evans & Tate has decided to change the distribution arrangements for its brands in the UK, currently being handled by HWCG.With effect from 1st June 2003 distribution is to be handled by Australian Wineries.

AUSTRALIA: E&T registers record vintage

23 May 2003

The Australian wine group Evans & Tate believes the current vintage will do much to redress the oversupply in the Australian industry.

AUSTRALIA: Evans & Tate plans Barramundi drive

23 Apr 2003

Following the merger of Cranswick Premium Wines with fellow Australian Evans & Tate, the new company has unveiled plans to double sales of its successful export brand Barramundi within five years, making it a 1m case brand.

AUSTRALIA: E&T completes acquisition, plans brand relaunch

18 Mar 2003

Australian listed wine producer Evans & Tate, having completed formally its acquisition of Cranswick Premium Wines, plans a new export push. Making the corporate acquisition announcement, chairman and chief executive Franklin Tate identified a relaunch of the company's Salisbury brand in Britain and continental Europe as a high priority.

AUSTRALIA: Evans & Tate announces executive changes

17 Dec 2002

Ahead of its merger with Cranswick Premium Wines, Evans & Tate has announced a raft of executive changes.

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