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AUSTRALIA: PLW profits fall 29%

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The Barossa Valley winemaker Peter Lehmann Wines said yesterday that the company had seen its profits after tax fall some 29% to A$3.83m. The company said 2003 was a year in which the company "experienced its greatest challenge since its formation in 1993," namely the takeover battle between Allied Domecq and Hess Group for the business.


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