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Foley Wines Limited Earnings Release 2021

Aug 26, 2021

66199_rns_2021-08-26_af447777-e9c5-47a0-bc1c-6adb82596bb0.pdf

Earnings Release

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Results announcement

Results announcement
Results for announcement to the marketName of issuerReporting PeriodPrevious Reporting PeriodCurrencyRevenue from continuing operationsTotal RevenueNet profit/(loss) from continuing operationsTotal net profit/(loss)Interim/Final DividendAmount per Quoted Equity SecurityImputed amount per Quoted Equity SecurityRecord DateDividend Payment DateNet tangible assets per Quoted EquitySecurityA brief explanation of any of the figuresabove necessary to enable the figures to beunderstoodAuthority for this announcement Foley Wines Limited12 months to 30 June 202112 months to 30 June 2020NZDAmount (000s)Percentage change$57,952+5.1%$57,989+3.8%$3,950-19.5%$3,866-44.1%$ 0.04000000$ 0.015555568 October 202122 October 2021Current periodPrior comparable period$1.48$1.37Note: the net profit/loss in the prior year included adeferred tax adjustment of $1,519 due to the re-introduction of depreciation on commercial buildings fromthe 2020/2021 tax year – excluding this one-offadjustment the net profit in the prior year was $5,402 –change this year vs this adjusted figure is -30.7%.Other Key Metrics:Operating Profit before revaluations and income tax(“Operating Earnings”) $8,036 +3.7%Operating Profit before interest, impairment, revaluations,income tax, depreciation and amortisation (“OperatingEBITDA”) $15,326 +1.1%This announcement should be read in conjunction withthe attached audited Annual Report 2021. A copy of theAnnual Report 2021 can also be found on the FWL websitewww.foleywines.co.nz.
Name of person authorised to make thisannouncement Jane Trought – CFO
Contact person for this announcement Mark Turnbull – CEO
Contact phone number +64 21 714 885
Contact email address [email protected]
Date of release through MAP 26 August 2021

Audited financial statements accompany this announcement.