Shares in Southcorp fell to A$5.82, their lowest value in more than a year, after several analysts downgraded their forecasts following briefings from the company. Analysts said Southcorp, producer of the Penfolds and Wynn brands, advised them to reduce their earnings forecasts for 2002/03 by A$30m to allow for the impact of a poor 2002 vintage for premium wines.

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