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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$70.4m
Last closeNZ$0.24
High / Low (52 weeks)NZ$0.3 / NZ$0.2
Stock market listingNZ
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
SectorFood & Drink

Price performance

Relative *0.1(10.3)(28.9)

* % 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. In the face of slowdown in the Chinese market, MWE continues to explore US, Japanese, Australian, UK and Canadian markets. In this context, early inroads into the US and Japan are encouraging.

Last updated on 03/05/2018

Key management

Company address

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