Lion Nathan's CEO seems to have ruled out further acquisitions in the wine industry in the short term.

At the company's full year results today (9 November), Rob Murray said: "We don't intend to invest more shareholder funds in the acquisition of wine businesses but this doesn't rule out some reorganisations of assets."

However, the company did say that it would be investing in the development and growth of dark spirits brands. Murray said that the group was considering either acquiring existing brands or creating its own products.

Murray added that he did not expect the company to make the move until the second half of the current fiscal year.