Australian wine buyers become selective, favouring premium labels

Australian wine buyers become selective, favouring premium labels
Australian wine buyers become selective, favouring premium labels

Treasury Wines reports a minor dip in group sales, totalling $2.4 billion.

Penfolds stands out with a 14 per cent revenue jump to $820 million.

Despite a slight drop in profit, the dividend rises by a cent, pointing to consumers favouring premium brands like Penfolds.

Treasury Wines reports a minor dip in group sales, totalling $2.4 billion. Penfolds stands out with a 14 per cent revenue jump to $820 million. Despite a slight drop in profit, the dividend rises by a cent, pointing to consumers favouring premium brands like Penfolds.

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