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NEW ZEALAND: Waipara Hills confident of meeting ROI targets

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The New Zealand winemaker Waipara Hills Wine Estate has confirmed that it expects to meet its previous forecasts to deliver a return on investment for shareholders early in the 2007-08 financial year, despite what it has called several challenges in the start-up year. Syd Bradley told shareholders at the annual meeting: "By reducing costs, improving margins, continuing to build long-term business relationships with our contract growers, distributors and importers, we will succeed."


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