AUSTRALIA: Cranswick on track for $A50m sales

Most popular

Another drinks CEO steps down - But, why?

Pernod Ricard Performance Trends 2014-2018 - data

A-B InBev - getting ready for Heineken in China?

What's coming up in soft drinks in 2019?


Listed Australian producer Cranswick Premium Wines is 'on track' to report sales of $A50m in the 1999-2000 financial year.Managing director, Graham Cranswick-Smith, said today that he saw no reason to amend earlier forecasts, given continuing strong exports.He said that despite the shortfalls of many companies in the 2000 vintage, the company's 36,800 tonnes was 11% more than last year's combined total of Cranswick Wines and Australian Premium Wines, which was acquired during the year.Cranswick was well-placed to continue its export growth by building on its strong position in the UK market.Its recent success in placing an order with a German supermarket chain for 1.5m bottles of Chardonnay was being followed by a test quantity of red wines.A one-off order of 15,000 cases of wine consigned to Japan for Golden Week, had sold out.Other sales in Japan were growing steadily with per capita consumption now at 3 litres and predicted to double within five years. Chris Snow

Related Content

CHAMP finds a suitor for Accolade Wines as Carlyle talks come good

CHAMP finds a suitor for Accolade Wines as Carlyle talks come good...

"We look for the person best-suited to an opportunity, not the person who's been here the longest" -...

"We have more ideas on the table than the capability to handle them" - just-drinks speaks to Marco M...

What does the future look like for Australian wine? - Comment

What does the future look like for Australian wine? - Comment...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..

Forgot your password?