Marlborough Wine Estates Group (MWE)

Business description

Marlborough Wine Estates Group (MWE) owns and operates six vineyard blocks located in the Awatere Valley in the Marlborough wine district of the South Island of New Zealand. It sells bottled wine to China, NZ and other markets, as well as bulk wine and grapes to wine producers in NZ.

Stock data

Market cap.NZ$73.3m
Last closeNZ$0.25
High / Low (52 weeks)NZ$0.3 / NZ$0.2
Stock market listingNZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamConsumer
SectorFood & Drink

Price performance

%1m3m12m
Actual0.00.0(16.7)
Relative *2.92.2(24.7)

* % Relative to local index

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Investment summary

Marlborough Wine Estates Group (MWE) is targeting development of premium New Zealand (NZ) wine brands in China and, increasingly, internationally. The global market is strong and the popularity of quality NZ wine is growing. MWE continues to work to expand market share in China and is exploring US, Japanese, Australian, UK and Canadian markets. In this context, early inroads into the US and Japan are encouraging.

Last updated on 05/03/2018

Key management

Company address

Level 3, Tower One, 205 Queen Street
Auckland Central
Auckland
New Zealand
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